Investment firm Schroders Capital has acquired the 244-room W Edinburgh from Nuveen Real Estate.
No financial details were disclosed, but Green Street News said the price was above £100 million ($134 million). That price sets the per-room value at £409,836. Green Street News also reported in December that Nuveen was in talks to sell the hotel for more than £100 million.
James MacNamara, Schroders’ global head of value add and alternatives, real estate, said the acquisition of the W Edinburgh continues Schroders' strategy of acquiring “top-tier hotel assets that can facilitate multiple ways to create value and offer significant long-term growth potential.”
The sale reinforces Edinburgh as one of the most sought-after hotel markets in the United Kingdom and all of Europe.
In June 2023, Henderson Park and Klarent Hospitality acquired the Waldorf Astoria Edinburgh The Caledonian from Twenty 14 Holdings for £85 million, which CoStar said reflected a net initial yield of 3.6%. That hotel is now The Caledonian Edinburgh, Curio Collection by Hilton. Last year, Henderson said it will invest more than £35 million in renovating that hotel, which will begin in early 2026 when work is finished boast more than 300 rooms.
In April, Colliers' 2025 UK Hotel Market Index said Edinburgh consolidated itself at the top of the U.K. market with “occupancy rates of 85%, average daily rate growth up 10% on 2023 and revenue per available room growth of 13%.”
Quoting Colliers’ head of hotels and resorts, Marc Finney, CoStar News contributor Patrick Skillicorn wrote “the city’s ability to drive premium rates, coupled with its year-round demand from both leisure and corporate travellers, makes it a great destination. With a constrained development pipeline currently, this would be an ideal location for investors to consider.”