Newby management is showing interests in Glasgow’s one of prospective real estate projects. They have confirmed on their expectations to take over Custom House Quay. They are now looking forward to tie-up with Moorfield Real Estate, after their previous associate Rodney Price broke. The news has come up as a surprise for the real estate industry.
For all those real estate giants this is a real business that is on the verge of processing. Especially real estate pioneers the Hiltons have boosted up the Newby expectations saying positive about the future project. They believe that is the site that the Newbys have chosen is potential enough.
As far the news on the project goes, rumors are that Santander, the banking moster of Spain are going to finance the project. They however have confirmed on their keen interest to fund Newby’s project completely.
Custom House Quay which would include 3 and 5 hotels in phases. The hotels are likely to contain 201-255 rooms. The first phase would contain a wide number of serviced apartments which totals up to a number of 59.
