EdgeProp - RealVantage buys Scotland hotel for $20.8 mil

    Singapore-based real estate investment platform RealVantage has announced the acquisition of Arthouse Hotel in Glasgow, Scotland, through a joint venture with London-based asset manager Oberland.

    EdgeProp - RealVantage buys Scotland hotel for $20.8 mil
    Arthouse Hotel in Glasgow, Scotland

    SINGAPORE, Apr. 7 2025 / EdgeProp /- Singapore-based real estate investment platform RealVantage has announced the acquisition of Arthouse Hotel in Glasgow, Scotland, through a joint venture with London-based asset manager Oberland.

    According to the firm, the partners paid GBP12 million ($20.8 million) for the 59-room hotel.Post-acquisition, RealVantage holds an 85% stake in the hotel, with Oberland owning the remaining 15%.

    In an April 7 press release, the company says the historic hotel, originally built in 1829, will undergo modernisation and refurbishment, which is expected to be completed by 4Q2025. UK firm C1 Capital Partners has been appointed to operate the hotel.

    Keith Ong, CEO of RealVantage, says the hotel is well-positioned to capitalise on Glasgow's healthy influx of tourists and its shortage of good-quality accommodations with a strong legacy brand.

    Andrew Dean, co-founder of Oberland, adds: “The property, with its striking architecture and exceptional features, offers significant value creation opportunities and is a perfect fit for our strategy of acquiring and managing high-quality heritage assets.”


    About RealVantage

    RealVantage is a leading real estate co-investment platform, licensed and regulated by the Monetary Authority of Singapore (MAS), that allows our investors to diversify across markets, overseas properties, sectors and investment strategies.

    The team at RealVantage are highly qualified professionals who brings about a multi-disciplinary vision and approach in their respective fields towards business development, management, and client satisfaction. The team is led by distinguished Board of Advisors and advisory committee who provide cross-functional and multi-disciplinary expertise to the RealVantage team ranging from real estate, corporate finance, technology, venture capital, and startups growth. The team's philosophy, core values, and technological edge help clients build a diversified and high-performing real estate investment portfolio.

    Get in touch with RealVantage today to see how they can help you in your real estate investment journey.

    Disclaimer: The information and/or documents contained in this article does not constitute financial advice and is meant for educational purposes. Please consult your financial advisor, accountant, and/or attorney before proceeding with any financial/real estate investments.