De Vere Group has acquired a long leasehold development site on Drum Property Group’s Prime Four Business Park in Aberdeen for its first Village Urban Resort in Scotland.
The deal on the 100,000-plus square foot site was introduced by specialist property adviser Christie + Co on behalf of Drum Property Group.
It is expected that the De Vere Village Urban Resort will have 148 bedrooms including 48 superior UpperDeck rooms, meetings and events facilities, a Chop & Ale House restaurant, Starbucks coffee shop, pub, Viva Urban spa and a state of the art Velocity health and fitness club, and is anticipated to open in November 2014.
Robert B Cook, CEO of Village Urban Resorts, says: “Prime Four’s position and its status as a major new energy hub, together with Aberdeen’s ongoing economic resilience, meant that this was an ideal location for us to establish our first Village Urban Resort in Scotland.”
Kerr Young, Associate Director of Hotels for Christie + Co in Edinburgh, adds: “Drum Property Group’s Prime Four is a world-class development and it is no surprise that an operator of De Vere’s status should be attracted by it. This significant investment by De Vere reinforces Aberdeen’s relative safe-haven status and will provide a superb facility for business visitors, leisure travellers and to local residents and the wider community.”
Source: Christie + Co