TAB has announced the completion and sale of its investment in the Travelodge hotel in Snaresbrook, London.
The deal marks another example of its commitment to enable property investment and deliver returns for investors.
The project was introduced through TAB’s fractional ownership model, allowing investors to co-own a property with income potential.
The original investment totalled £2.385 million, with the 24-bedroom, 7,303-square-foot hotel leased to Travelodge Hotels Ltd. on a full repairing and insuring lease until 2035, with an option to extend to 2041.
The investment was initially structured to generate a net yield of 7.62% per annum, with projected capital growth of 2.50% per annum.
In 10 months, TAB identified and executed a profitable sale, achieving a net sales repayment of £2.5 million and a projected return of 10.12% per annum. The actual return surpassed expectations, reaching 11.49% — equivalent to 13.44% per annum.
Duncan Kreeger, CEO and founder of TAB, said: “The success of the Travelodge Snaresbrook investment demonstrates the power of our approach. By combining meticulous asset selection and thorough market analysis, we have delivered results that exceed investor expectations.
“We are excited to continue providing innovative investment opportunities that make property accessible to a wider audience.”
