The firm’s head of hotel capital markets, Robert Stapleton, said he expected the sale to attract “global interest”.
He said: “The quality of the development is absolutely outstanding and, being positioned in the centre of St James Quarter, Edinburgh’s busiest and best retail district, the hotel benefits from both an exceptional location, but also phenomenal footfall.
“The hotel is best-in-class in Edinburgh and requires no additional capital expenditure. We’re confident that the hotel will attract significant interest from global investors.”
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