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Nuveen Real Estate to sell interest in Edinburgh’s St James Quarter
Transactions - JUNE 11, 2024

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Nuveen Real Estate to sell interest in Edinburgh’s St James Quarter

by Released

Savills has been appointed by Nuveen Real Estate to market a 25 percent interest in Edinburgh’s St James Quarter, which completed in 2021 and provides residents and tourists with a world-class destination to shop, eat, drink, play and stay.

The 1.7 million-square-foot mixed-use scheme includes an 850,000-square-foot retail galleria, which is anchored by John Lewis, and benefits from footfall of more than 18 million per year.

In addition, St James Quarter offers 1,600 off-streetcar parking spaces, accounting for 75 percent of all off-streetcar parking in the city.

At the heart of the St James Quarter development is W Edinburgh. Savills has been jointly appointed with Eastdil Secured separately to market the disposal of the freehold full-service 244-room hotel asset. The hotel was developed and opened in November 2023 under a long-term hotel management agreement with Marriott International.

The 174,300-square-foot hotel benefits from exceptional visibilit

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