Donald Trump said to be closing in on Dubai-owned Turnberry

US tycoon reportedly planning to buy iconic Scottish golf resort from Leisurecorp, a Dubai gov't subsidiary
Donald Trump said to be closing in on Dubai-owned Turnberry
(Getty Images)
By Andy Sambidge
Mon 28 Apr 2014 07:44 PM

US tycoon Donald Trump is reportedly set to buy Turnberry, the iconic Scottish golf resort, from Leisurecorp, a subsidiary of the Dubai government.

According to media reports, Trump, who is building a new golf course in Dubai in a deal with developer Damac, is said to be close to a £35m ($58.8m) deal for the course which is expected to host its fifth Open in the next decade.

The government unit bought the resort, which includes a 5 star hotel, for £55m in 2008.

Located in Ayrshire, Turnberry has hosted the Open four times, including the famed "Duel in the Sun" in 1977 between Jack Nicklaus and a victorious Tom Watson.

Trump currently owns 16 golf resorts around the globe and is developing Trump Estates 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.

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