Cheval strengthens Edinburgh portfolio

George Sell George Sell Uploaded 01 July 2020

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UK: Cheval Collection is adding the Abbey Strand Apartments at Holyrood into its portfolio.

The addition follows the announcement in May that The Edinburgh Grand and Old Town Chambers will become Cheval Residences from this month.

The 500-year old Cheval Abbey Strand Apartments at Holyrood is one of Edinburgh’s oldest buildings. It is located in the heart of Edinburgh, next door to Her Majesty The Queen’s official residence in Scotland, the Palace of Holyroodhouse, and also has views of Arthur’s Seat. The apartments are all named after historic figures associated with the Abbey Strand buildings. The apartments, available to book from one night to one year or more, consist of four open plan studios, four one-bedroom apartments and one two-bedroom apartment – sleeping up to five guests. The apartments will overlook a new physic garden which lies at the rear of the property inspired by some of the earliest recorded gardens at the Palace.

Cheval Collection will now brand and operate three historic properties in Edinburgh, following an agreement signed between Mohammed S Almarzooqi, managing director of the Cheval Collection and Chris Stewart, CEO of the Chris Stewart Group (CSG), the developer of the properties. The three properties, which become Cheval Residences from this month, add a combined 109 new apartments to Cheval’s existing portfolio of 512 apartments across its eight London Residences.

George Westwell, CEO of Cheval Collection, said: “We are thrilled to welcome Abbey Strand Apartments at Holyrood into the Cheval Collection portfolio, alongside The Edinburgh Grand and Old Town Chambers. These three historically rich buildings in Scotland’s capital perfectly complement our existing London offering and we are very much looking forward to continuing our ever-evolving journey, together with The Chris Stewart Group.”

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