12.18. Investment Management acquires Roxburghe Hotel & Golf Course
Date: March 2018
Location: Heiton, Kelso, Scotland, UK
Name: Roxburghe Hotel & Golf Resort – to re-open 2019 after £35m investment.
No. of Keys: 22 with new wing to be built with a further 57 rooms and 60 lodges on the estate
Seller: Duke of Roxburghe. For the Duke it was important that the Roxburghe’s Scottish heritage will be respected by the new owners and will be upheld in the future concept of the hotel.
The Duke commented: “The plans which the new owners have for major investment in the Roxburghe are very exciting indeed.
We wish 12.18. every success with the new development and the operation in future and I have no doubt that it will become one of the most outstanding resort destinations in Scotland.
Buyer: Dusseldorf-based project developer and hotel operator 12.18. Investment Management GmbH run by Managing Partners Jörg Lindner and Kai Richter.
Throughout the hotel, golf club house and lodges, 12.18. will be engaging Kitzig Interior De- sign with whom they have worked extensively throughout their existing hospitality portfolio.
Edinburgh based company ISA architects has been engaged for the architectural design and master-planning of the new buildings. ISA is an award-winning architecture and interior de- sign practice working across the UK for some of the country´s leading businesses.
Whilst the original building will continue to impress with its stylish Scottish elegance, the extension housing the additional rooms, spa and meeting facilities will provide a contrast with a more modern construction that still remains in harmony with the beautiful surroundings.
The golf clubhouse including the gastronomy and pro-shop shall also be revitalised and get a modern make-over after the summer season.
The hotel will be closed during the period of redevelopment (the Golf Course and Clubhouse will continue to operate as normal). Some hotel staff will be redeployed during this time or offered alternative employment at other 12.18 properties.
All staff will have the opportunity to be re-engaged when the hotel re-opens.
The company is interested in acquiring additional historic touristic properties within the UK to complement the portfolio and support the growth of the brand.
They currently own and run 7Pines in Ibiza, a new all-suite hotel, opening after refurb in May 2018.
THPT Comment: 12.18. is experienced in regenerating historic properties, having launched castle hotel Schloss Fleesensee in the heart of the Mecklenburg Lake District together with one of Northern Europe’s biggest golf resorts including five courses and a golf academy.
First Seen: Incentive Travel