HUB BY PREMIER INN - EDINBURGH
184-bed hotel pre-let to the Whitbread Group for a Hub by Premier Inn, close to Haymarket Station in Central Edinburgh
Whilst working for a major construction and property group, the Central and Urban team negotiated the purchase of an existing office building on Torphichen Street in central Edinburgh and pre-let the development to the Whitbread Group for a Hub by Premier Inn hotel. The existing office building was not suitable for conversion so the building was demolished to enable development.
This was a complex development due to the proximity of underground railway lines and required careful design management. Funding was secured on a forward fund basis with a major UK institutional investor and the development was constructed by the in-house construction division.