Industry News
Pandox acquires Adagio Aparthotel Edinburgh
Reading Time: < 1 minute UK: MAS PLC has sold the 146 room Adagio Aparthotel Edinburgh to Pandox for approximately £40.5 million.
Industry News
Edinburgh aparthotel site up for sale
Reading Time: 2 minutes UK: Osborne House, which has planning consent to become an aparthotel, has been brought to market by Christie & Co and Ryden.
Industry News
Cheval to extend Edinburgh property
Reading Time: 2 minutes UK: Cheval Collection is to add an extension to its Cheval Old Town Chambers property.
Urban Living News
Safestay to sell Edinburgh hostel to a&o
Reading Time: 2 minutes The £16 million cash sale price represents a 22 per cent premium to its £13.4 million book value. Safestay said the annual EBITDA of the hostel in 2019, pre-Covid, was £1.7 million. It said it had responded to the pandemic and lockdowns across Europe by reducing the monthly cash spending
Supplier News
Honey company secures site at Edinburgh aparthotel
Reading Time: 2 minutes UK: Kinross-based Webster Honey is to install four hives on the roof of Eden Locke in Edinburgh.
Industry News
Native to open Edinburgh aparthotel on December 1st
Reading Time: < 1 minute UK: Native is taking over management of Kintore House in Edinburgh’s New Town, which currently trades under BridgeStreet’s Mode brand.
Urban Living News
Maven Capital acquires Edinburgh site for PBSA project
Reading Time: 2 minutes UK: Maven Capital Partners has bought a site in Edinburgh for the development of a 120-bed student accommodation project.
Industry News
Cheval Collective bookings surge in Edinburgh
Reading Time: 2 minutes UK: Cheval Collection has seen a massive jump in bookings at its Edinburgh property, in line with the reopening of Scottish hospitality.
Industry News
Cheval strengthens Edinburgh portfolio
Reading Time: 2 minutes UK: Cheval Collection is adding the Abbey Strand Apartments at Holyrood into its portfolio.
Urban Living News
Apache funds Edinburgh BTR project
Reading Time: 2 minutes UK: Apache Capital Partners and Harrison Street’s UK multifamily housing platform are funding a £215 million build-to-rent development in Edinburgh.