Mansley buys Edinburgh apartment building

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UK: Serviced Apartments by Mansley has purchased Braid Apartments in Thistle Street from Fountain Court Group

The purchase is Mansley’s second acquisition in Edinburgh in just over three years, this time in the heart of the Scottish capital’s New Town.

The property has 20 studio, one- and two-bedroom apartment. In March 2015 Mansley bought The Knight Residence in Lauriston Street in the historic Old Town near Edinburgh Castle. Together with Braid, the company now has 56 serviced apartments in the city.

Mansley CEO Sir Richard Rowley said: “Each of our newly acquired air-conditioned apartments has individual character and matches Mansley’s high quality specifications We now have first class, great value accommodation options in the two most popular parts of one of Europe’s most wonderful cities.”

Since acquiring The Knight Residence, Mansley has also added properties in the centres of Inverness and Cheltenham to its portfolio.

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