Pinsent Masons advises Redefine International on Edinburgh Doubletree by Hilton hotel acquisition

22 Sep 2014 | 03:13 pm |

Redefine International, advised by leading international law firm Pinsent Masons, has purchased the Doubletree by Hilton hotel in Edinburgh city centre for £25.2 million, representing a net initial yield of 6.7%.

The hotel provides 138 bedrooms which have recently been extensively refurbished to provide high-quality flexible accommodation appealing to both business travellers and tourists. The five-storey hotel has extensive food and beverage provision, meeting rooms and a small fitness centre. The acquisition also includes The Chanter public house, located on the ground and basement floors of the property.

The acquisition will initially be funded by existing cash resources, but it is anticipated that the hotel will be housed in its 71.05%-held subsidiary Redefine Hotel Holdings Ltd. The hotel will be let to Redefine Hotel Management Ltd, a wholly-owned subsidiary of Redefine BDL Hotel Group Ltd, in which Redefine International has a 25.28% stake.

Howard Gill, partner at Pinsent Masons who advised Redefine International on the deal, said: “The Doubletree by Hilton in Edinburgh is a well-located hotel that not only complements Redefine’s existing portfolio but is also suited to Redefine BDL’s management skills. Edinburgh is a leading international city, attracting many business travellers and tourists, for whom the Doubletree by Hilton is an attractive place to stay.”

Latest press releases

Show me all press releases

Advising BP on first investment in AI in China

International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B

Pinsent Masons bolsters its Competition, EU & Trade Group with appointment of Hans Jürgen Meyer-Lindemann in Düsseldorf

Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.

Pinsent Masons advises HZI on its first Energy from Waste Plant in Australia

International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia

People who viewed this press release also viewed

Show me all press releases

Advising BP on first investment in AI in China

International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B

Pinsent Masons bolsters its Competition, EU & Trade Group with appointment of Hans Jürgen Meyer-Lindemann in Düsseldorf

Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts