Property

Safestay acquires new Edinburgh hostel site

Once completed, the hostel will offer 225 beds in a variety of room combinations typically ranging from two to eight bedrooms, some with ensuite facilities

Safestay, the owner and operator of an international brand of contemporary hostels, has acquired a freehold property in the centre of Edinburgh, which until a few years ago operated as a hostel, for cash consideration of £4.3m.

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