UK: Mansley Group Holdings has bought The Knight Residence serviced apartment building in Edinburgh for an undisclosed sum.
The property, which features 28 apartments, was sold by husband
and wife team Colin and Jean Knight, who launched the venture more
than 15 years ago. Existing staff will remain in place and the
property will be rebranded Knight Residence by Mansley.
Sir Richard Rowley, chairman and chief executive of Mansley Group Holdings, said: "This is an exciting expansion for the group. The Knight Residence has been extremely successful. Like our serviced apartments in London, it is very centrally located and provides intimate accommodation backed by first class customer service."
Mansley Group Holdings also owns three properties in Mayfair, one in Kensington one in Inverness.