Douglas House, Glasgow

Sector Property
Deal Type BPRA
Initial Investment October 2016
Transaction size £10m
Location Glasgow
Maven Office Glasgow
Mcp douglas house logo june 2017 01 logo

Douglas House
In October 2016 Maven completed a deal to convert the former office block, Douglas House, into a hotel which will be operated by a renowned international hotel brand. The development is expected to be completed in 2018 and once open, the hotel will comprise 129 guest bedrooms over seven floors along with a licensed bistro and coffee shop on the ground floor.  

Douglas House, located on the corner of Waterloo Street and Douglas Street in the heart of Glasgow’s International Financial Services District (IFSD), has been vacant for a number of years. The building is currently undergoing a £10 million redevelopment, bringing it back into use. The hotel will be ideally located to target both the business and leisure markets, given its location within the IFSD and being only a short walk from many of Glasgow’s major attractions such as the SSE Hydro Arena and SECC. 

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