SINGAPORE (Oct 3): Heeton Holdings, KSH Holdings and Lian Beng Group have jointly acquired Hotel Indigo Glasgow in Scotland on Monday.

The consortium is led by Heeton, which holds an effective interest of 60%, while Lian Beng and KSH have 20% each. This is the consortium’s first hospitality asset in Scotland.

The property is located near the Glasgow Central station and is well placed for Glasgow’s central business district (CBD) area, tourist attractions and shopping districts. It is also a 15-minute drive away from the airport.

Read more on The Edge Singapore.