Dubai-based investor purchases Edinburgh hotel

By
BE News Team

Share this:

Dubai-based Dutco Group has acquired The Bruntsfield Hotel near Edinburgh city centre from Castleforge for an undisclosed price.

Following a comprehensive renovation by Castleforge, the property features 74 modern guest rooms catering to leisure and business travellers, as well as versatile event spaces and a bar and restaurant.

Align Partners provided strategic investment advice and will manage The Bruntsfield along with Mar Hall.

Nelson Gibb, group chief executive officer at Dutco Group, said: “Expanding further into Scotland’s vibrant hospitality market so soon after acquiring Mar Hall reflects our strong belief in Scotland as a world-class destination. We look forward to bringing our vast hospitality expertise to reposition The Bruntsfield and contributing to its continued success as a cherished part of the Edinburgh hospitality landscape.”

Chris King, managing director at Align Partners, added: “We look forward to building on The Bruntsfield’s strong foundation of heritage and excellence. Our aim is to enhance its offerings and ensure it remains a top choice for travellers seeking both leisure and business stays in Edinburgh. We will work closely with The Bruntsfield team and our partners to enhance the hotel while continuing to offer exceptional service.”

Matt Lederer, hotel acquisitions director at Castleforge, said: “We are pleased to have completed a successful bedrooms and restaurant refurbishment programme and brand repositioning of the Bruntsfield Hotel, following our acquisition in mid-2021. The Bruntsfield has become a well-regarded boutique offering in Edinburgh. This sale marks the next stage in our business plan, and we can’t wait to see the hotel go from strength-to-strength under new ownership.”

Kerr Young, head of UK national hotels transactions, capital markets at JLL, which advised Castleforge on the sale, added: “We are proud to have facilitated the successful sale of The Bruntsfield on behalf of our client Castleforge. The transaction reflects the enduring appeal of premium Scottish hospitality assets and the significant potential The Bruntsfield holds. We extend our best wishes to Dutco Group and Align Partners as they embark on this exciting new chapter, ensuring The Bruntsfield continues to thrive under their stewardship.”

Get the latest news!

Don’t miss our top stories and need to know news every day in your inbox.