• Fairmont St Andrews sold
Kennedy Wilson has paid GBP32.4m to buy the Fairmont hotel in St Andrews. The 209 room hotel was sold by SABD Holdings, reports The Scotsman.

Fairmont has a management contract to run the hotel through to 2031. In June, Kennedy Wilson bought the Portmarnock hotel in Dublin.
Read the full story here:
http://www.scotsman.com/business/management/fairmont-hotel-in-st-andrews-sold-for-32m-1-3512643
 
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