The Straits Times - Singapore real estate firm RealVantage jointly acquires Arthouse Hotel in Scotland for over $20m
Singapore real estate firm RealVantage has joined forces with a London firm to buy the Arthouse Hotel in the Scottish city of Glasgow for £12 million (S$20.8 million).
SINGAPORE, Mar. 28 2025 / The Straits Times / - Singapore real estate firm RealVantage has joined forces with a London firm to buy the Arthouse Hotel in the Scottish city of Glasgow for £12 million (S$20.8 million).
RealVantage owns 85 per cent of the 59-room hotel, with its British partner Oberland, a London-based real estate investor and asset manager, accounting for the rest.
The deal was struck in January, and RealVantage is now overseeing extensive interior renovations, including to the hotel’s birdcage lift and other heritage aspects.
C1 Capital Partners is the appointed interim operator for the hotel, which will have 74 keys once renovations are completed late in 2025.
RealVantage and Oberland aim to improve the hotel’s financial performance over three to four years before putting it back on the market.
Potential purchasers include real estate investment trusts, family offices, hospitality-focused funds, high-net-worth individuals and hotel owner-operators.
RealVantage co-founder and chief executive Keith Ong said: “RealVantage is well poised to capitalise on healthy inbound tourism arrivals and seek to satiate a shortage of good quality accommodations with a strong legacy brand.”
Oberland co-founder William Riordan added: “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.”
The Arthouse Hotel, formerly the ABode Hotel, was built in 1829 and was previously the home of Sir Henry Campbell-Bannerman, Britain’s prime minister from 1905 to 1908.
RealVantage, which invests in hospitality assets, has funded 94 deals across Australia, Hong Kong, Singapore, South Korea, Britain and the US.
People can invest via its online platform. The firm has two broad strategies – lending to developers and collecting interest payments, or funding or part-funding property investments, such as the Arthouse Hotel deal.
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.
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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.