Savills to market 25% stake in Edinburgh’s St James Quarter
Savills was also appointed to market W Edinburgh's freehold disposal.
Nuveen Real Estate appointed Savills to market a 25% interest in Edinburgh’s St James Quarter.
Completed in 2021, the property provides residents and tourists with a world-class destination to shop, eat, drink, play, and stay.
The 1.7 million sq ft mixed-use property includes an 850,000 sq ft retail galleria anchored by John Lewis, which benefits from a footfall of over 18 million per year.
St James Quarter also provides 1,600 off-street parking spaces, which make up 75% of the city's off-street parking.
In addition, the W Edinburgh hotel, a 244-room full-service asset, is central to St James Quarter. Savills and Eastdil have been appointed to market its freehold disposal. The hotel opened in November 2023 and is managed by Marriott International.
The 174,300 sq ft hotel boasts exceptional visibility with its ten-story building and 360-degree rooftop, offering unobstructed views of Edinburgh's old town, Calton Hill, and Holyrood Park.