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Home » Meikles Hotel ‘selling for a song’

Meikles Hotel ‘selling for a song’

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MEIKLES has been forced to dispose of its iconic city hotel for far less than the replacement cost due to the deterioration of the property’s surroundings, market watchers have said.

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The US$20 million price tag is also below the property’s previous market value of US$26,7 million, as of March 31, 2018.

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