Malmaison St Andrews Square acquired for £25m

Malmaison hotel on St Andrews Square in Edinburgh has been acquired for £25m by German investment manager Patrizia on behalf of a UK institutional investor. The 72-bed hotel was relaunched in December 2019 and is believed to have the third highest average daily room rate in Malmaison’s portfolio which included Manchester Deansgate, London, Liverpool, Oxford, … Continue reading Malmaison St Andrews Square acquired for £25m