By David Parsley2020-04-20T07:46:00
Nick Leslau’s Secure Income REIT has begun legal action against the owners of hotel chain Travelodge after lambasting its owners for not making any proposals to pay rent after failing to make the last quarter payment.
In a statement to the London Stock Exchange, Secure Income told investors: “Discussions with Travelodge’s senior team have been ongoing for a number of weeks and while they have yet to provide any proposals for dealing with the outstanding amounts due, they have indicated that a plan should be forthcoming.”
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