Donald Trump buys Turnberry from Dubai gov't unit

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Getty Images)

(Getty Images)

US property tycoon Donald Trump has confirmed a deal to buy the iconic Turnberry golf resort in Scotland from Leisurecorp, a unit of the Dubai government.

Trump confirmed he has purchased the entire South Ayrshire complex, including the hotel, for an undisclosed sum which is understood to be less than the $92.7 million paid by Leisurecorp in 2008.

The billionaire businessman told Golf.com that he wasn’t looking specifically to buy the Open venue on Scotland’s west coast, but couldn’t pass it up after an inquiry revealed it might be on the market.

“It was an opportunity, as far as I was concerned,” Trump said. “Turnberry is considered one of the greatest courses in the world. It’s a special place. It’s an important place.”

“This is a fabulous property in a great location,” Trump said. We’re going to bring a new level of luxury to the hotel. Our aim is to make it the finest golf hotel in the world.”

Trump currently owns 16 golf resorts around the globe and is developing Trump Estates in Dubai which includes more than 100 luxury villas overlooking a Trump-branded golf course within the Akoya by Damac.

The 18-hole PGA Championship golf course, to be named Trump International Golf Club, Dubai, will be spread across 6,588 metres and have a par of 71.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Saudi riyal peg pressure eases, but not gone

Saudi riyal peg pressure eases, but not gone

Volatile energy swings mean the currency remains vulnerable,...

The Gulf's sovereign dilemma

The Gulf's sovereign dilemma

With oil prices still faltering around their lowest level in...

Gulf's bond market thaws as panic over oil fades

Gulf's bond market thaws as panic over oil fades

Improved sentiment seen in the response to a $500m, five-year...

Most Discussed
sponsoredTracking