New owner at luxury services flats on Thistle Street

Luxury serviced apartment operator Mansley has bought a second property in Edinburgh in just over three years, this time in the heart of the New Town.

Serviced Apartments by Mansley has purchased Braid Apartments in Thistle Street from Fountain Court Group. The area is home to many of Edinburgh’s leading high-end shops, restaurants, cafes and wine bars.

The 20 studio, one bedroom and two bedroom, two bathroom apartments “enjoy a magnificent location amid some of the most sought after property in Scotland,” said Chief Executive Officer Sir Richard Rowley.  

In March 2015 Mansley bought The Knight Residence in Lauriston Street in the historic Old Town near Edinburgh Castle. Together with Braid, the company now has 56 serviced apartments in the city.

Sir Richard added: “Each of our newly acquired air-conditioned apartments has individual character and matches Mansley’s high quality specifications We now have first class, great value accommodation options in the two most popular parts of one of Europe’s most wonderful cities.”

Since acquiring The Knight Residence Mansley has also added properties in the centres of Inverness and Cheltenham to its portfolio. Highland Apartments consist of one and two bedroom properties featuring designer interiors, many with balconies or terraces overlooking the River Ness or Inverness Castle. In June 2017 it acquired Strozzi Palace – six opulent suites, named after Italian cities or regions, under a minute’s walk from Regency Cheltenham’s Promenade.