{"id":1068,"date":"2023-12-07T07:10:16","date_gmt":"2023-12-07T07:10:16","guid":{"rendered":"https:\/\/elblogdelturismo.com\/?p=1068"},"modified":"2023-12-07T07:10:21","modified_gmt":"2023-12-07T07:10:21","slug":"tristan-capital-and-queensway-acquire-edinburgh-office","status":"publish","type":"post","link":"https:\/\/elblogdelturismo.com\/index.php\/2023\/12\/07\/tristan-capital-and-queensway-acquire-edinburgh-office\/","title":{"rendered":"Tristan Capital and Queensway acquire Edinburgh office"},"content":{"rendered":"\n<p><strong>UK:&nbsp;<a href=\"https:\/\/www.tristancap.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Real estate investment manager<\/a>&nbsp;Tristan Capital Partners, through its latest opportunistic fund, has acquired an office property in Edinburgh in partnership with Queensway.<\/strong><\/p>\n\n\n\n<p>The office property located on St. Andrew Square in Edinburgh has been purchased from PATRIZIA Hanover PUT.&nbsp;<\/p>\n\n\n\n<p>Subject to planning, the deal will see Queensway develop and deliver a Point A branded hotel. It marks the first acquisition for the Point A platform, held in a joint venture with Queensway, since Tristan&nbsp;<a href=\"https:\/\/boutiquehotelnews.com\/news\/industry\/tristan-point-a-hotels\/\" target=\"_blank\" rel=\"noreferrer noopener\">acquired a majority share in the brand\u2019s parent company<\/a>&nbsp;via its European Property Investors Special Opportunities 6 (EPISO 6).<\/p>\n\n\n\n<p>At the time, the portfolio comprised 10 Point A hotels in operation and one under development. The Edinburgh transaction takes the total to 12 locations across the UK and Ireland.<\/p>\n\n\n\n<p>Kristian Smyth, managing director \u2013 investments,\u00a0<a href=\"https:\/\/boutiquehotelnews.com\/?s=Tristan+Capital+Partners\" target=\"_blank\" rel=\"noreferrer noopener\">Tristan Capital Partners<\/a>, said: \u201cSt. Andrew Square is a marquee location in one of the strongest hotel markets in Europe. We believe the addition of another Point A in the Scottish capital to complement our existing offer in Haymarket will be a positive for both our platform and the city of Edinburgh.<\/p>\n\n\n\n<p>\u201cOur stated ambition when we acquired the platform was to materially expand our hotel footprint in strategic locations and we are actively focused on delivering on this objective with substantial capital available to deploy. We have identified several London boroughs which are of particular interest and are engaged in dialogue with agents and owners of existing hotels or appropriate office assets suited to hotel conversion.\u201d<\/p>\n\n\n\n<p>Naushad Jivraj, CEO of&nbsp;<a href=\"https:\/\/boutiquehotelnews.com\/?s=Queensway\" target=\"_blank\" rel=\"noreferrer noopener\">Queensway<\/a>, said: \u201cWe are thrilled to build on our existing partnership with Tristan Capital Partners\u2019 fund and continue the expansion of the platform. St Andrew\u2019s Square in Edinburgh is a prime city centre location with excellent economic and social activity. The acquired site will be redeveloped to provide consumers with a new budget boutique offering located in the heart of the city close to key attractions.<\/p>\n\n\n\n<p>\u201cUnder the management of Queensway, the&nbsp;<a href=\"https:\/\/boutiquehotelnews.com\/?s=Point+A+Hotels\" target=\"_blank\" rel=\"noreferrer noopener\">Point A Hotels<\/a>&nbsp;brand is continuing to develop a high-quality product at great value, generating positive customer feedback resulting in strong occupancy levels.<\/p>\n\n\n\n<p>\u201cOur existing Point A Hotel in Edinburgh has been very well received by consumers and is one of the strongest performing hotels in our portfolio. We hope that this new project will provide much needed additional capacity for which we see significant customer demand.\u201d<\/p>\n\n\n\n<p>Simon West, fund manager at Patrizia, added: \u201cOn behalf of Patrizia Hanover PUT, we are very pleased to have completed on the sale of the St Andrews Square. 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height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            5\/5 - (1 voto)    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>UK:&nbsp;Real estate investment manager&nbsp;Tristan Capital Partners, through its latest opportunistic fund, has acquired an office property in Edinburgh in partnership with Queensway. The office property located on St. Andrew Square in Edinburgh has been purchased from PATRIZIA Hanover PUT.&nbsp; Subject to planning, the deal will see Queensway develop and deliver a Point A branded hotel. &hellip; <\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_1068\" class=\"pvc_stats all  \" data-element-id=\"1068\" style=\"\"><i class=\"pvc-stats-icon large\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.0\" viewBox=\"0 0 502 315\" preserveAspectRatio=\"xMidYMid meet\"><g transform=\"translate(0,332) scale(0.1,-0.1)\" fill=\"\" stroke=\"none\"><path d=\"M2394 3279 l-29 -30 -3 -207 c-2 -182 0 -211 15 -242 39 -76 157 -76 196 0 15 31 17 60 15 243 l-3 209 -33 29 c-26 23 -41 29 -80 29 -41 0 -53 -5 -78 -31z\"\/><path d=\"M3085 3251 c-45 -19 -58 -50 -96 -229 -47 -217 -49 -260 -13 -295 52 -53 146 -42 177 20 16 31 87 366 87 410 0 70 -86 122 -155 94z\"\/><path d=\"M1751 3234 c-13 -9 -29 -31 -37 -50 -12 -29 -10 -49 21 -204 19 -94 39 -189 45 -210 14 -50 54 -80 110 -80 34 0 48 6 76 34 21 21 34 44 34 59 0 14 -18 113 -40 219 -37 178 -43 195 -70 221 -36 32 -101 37 -139 11z\"\/><path d=\"M1163 3073 c-36 -7 -73 -59 -73 -102 0 -56 133 -378 171 -413 34 -32 83 -37 129 -13 70 36 67 87 -16 290 -86 209 -89 214 -129 231 -35 14 -42 15 -82 7z\"\/><path d=\"M3689 3066 c-15 -9 -33 -30 -42 -48 -48 -103 -147 -355 -147 -375 0 -98 131 -148 192 -74 13 15 57 108 97 206 80 196 84 226 37 273 -30 30 -99 39 -137 18z\"\/><path d=\"M583 2784 c-38 -19 -67 -74 -58 -113 9 -42 211 -354 242 -373 16 -10 45 -18 66 -18 51 0 107 52 107 100 0 39 -1 41 -124 234 -80 126 -108 162 -133 173 -41 17 -61 16 -100 -3z\"\/><path d=\"M4250 2784 c-14 -9 -74 -91 -133 -183 -95 -150 -107 -173 -107 -213 0 -55 33 -94 87 -104 67 -13 90 8 211 198 130 202 137 225 78 284 -27 27 -42 34 -72 34 -22 0 -50 -8 -64 -16z\"\/><path d=\"M2275 2693 c-553 -48 -1095 -270 -1585 -649 -135 -104 -459 -423 -483 -476 -23 -49 -22 -139 2 -186 73 -142 361 -457 571 -626 285 -228 642 -407 990 -497 242 -63 336 -73 660 -74 310 0 370 5 595 52 535 111 1045 392 1455 803 122 121 250 273 275 326 19 41 19 137 0 174 -41 79 -309 363 -465 492 -447 370 -946 591 -1479 653 -113 14 -422 18 -536 8z m395 -428 c171 -34 330 -124 456 -258 112 -119 167 -219 211 -378 27 -96 24 -300 -5 -401 -72 -255 -236 -447 -474 -557 -132 -62 -201 -76 -368 -76 -167 0 -236 14 -368 76 -213 98 -373 271 -451 485 -162 444 86 934 547 1084 153 49 292 57 452 25z m909 -232 c222 -123 408 -262 593 -441 76 -74 138 -139 138 -144 0 -16 -233 -242 -330 -319 -155 -123 -309 -223 -461 -299 l-81 -41 32 46 c18 26 49 83 70 128 143 306 141 649 -6 957 -25 52 -61 116 -79 142 l-34 47 45 -20 c26 -10 76 -36 113 -56z m-2057 25 c-40 -58 -105 -190 -130 -263 -110 -324 -59 -707 132 -981 25 -35 42 -64 37 -64 -19 0 -241 119 -326 174 -188 122 -406 314 -532 468 l-58 71 108 103 c185 178 428 349 672 473 66 33 121 60 123 61 2 0 -10 -19 -26 -42z\"\/><path d=\"M2375 1950 c-198 -44 -350 -190 -395 -379 -18 -76 -8 -221 19 -290 114 -284 457 -406 731 -260 98 52 188 154 231 260 27 69 37 214 19 290 -38 163 -166 304 -326 360 -67 23 -215 33 -279 19z\"\/><\/g><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/elblogdelturismo.com\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":1,"featured_media":1069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pg_page_styles":[],"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tristan Capital and Queensway acquire Edinburgh office - El blog del turismo \u2708<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/elblogdelturismo.com\/index.php\/2023\/12\/07\/tristan-capital-and-queensway-acquire-edinburgh-office\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tristan Capital and Queensway acquire Edinburgh office - El blog del turismo \u2708\" \/>\n<meta property=\"og:description\" content=\"UK:&nbsp;Real estate investment manager&nbsp;Tristan Capital Partners, through its latest opportunistic fund, has acquired an office property in Edinburgh in partnership with Queensway. The office property located on St. Andrew Square in Edinburgh has been purchased from PATRIZIA Hanover PUT.&nbsp; Subject to planning, the deal will see Queensway develop and deliver a Point A branded hotel. &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/elblogdelturismo.com\/index.php\/2023\/12\/07\/tristan-capital-and-queensway-acquire-edinburgh-office\/\" \/>\n<meta property=\"og:site_name\" content=\"El blog del turismo \u2708\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-07T07:10:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-07T07:10:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/elblogdelturismo.com\/wp-content\/uploads\/2023\/12\/Point-A-interior-800x445-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/elblogdelturismo.com\/index.php\/2023\/12\/07\/tristan-capital-and-queensway-acquire-edinburgh-office\/\",\"url\":\"https:\/\/elblogdelturismo.com\/index.php\/2023\/12\/07\/tristan-capital-and-queensway-acquire-edinburgh-office\/\",\"name\":\"Tristan Capital and Queensway acquire Edinburgh office - 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