The sale follows an earlier purchase in Scotland by a United Arab Emirates-based company that is “expanding further into Scotland’s vibrant hospitality market”.
The Bruntsfield Hotel, described as a “distinguished property”, has been acquired by Dubai-based Dutco Group from previous owners, Castleforge, who bought the company three years ago.
It marks the second acquisition in Scotland by Dutco in a year, following the earlier purchase of Mar Hall Golf & Spa Resort near Glasgow.
Align Partners provided strategic investment advisory and will manage The Bruntsfield along with Mar Hall. “Further significant investment is planned to transform and reposition The Bruntsfield Hotel, as a leading…
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