Wednesday, 30 April 2014

News: Donald Trump set to buy historic Turnberry Golf Course from Dubai government in £35million deal

US property tycoon Donald Trump has confirmed that he has bought the Turnberry golf resort.
He has purchased the entire South Ayrshire complex, including the hotel, from Dubai-based group Leisurecorp for an undisclosed sum.
In a statement, Mr Trump said it was "an honour and privilege to own one of golf's greatest and most exciting properties".
The course will continue to be managed by Starwood Hotels & Resorts.
Turnberry is the only course in the Open circuit to be owned privately. Mr Trump has ambitions to host the Open at his other course in Aberdeenshire.
In a statement, Mr Trump said: "I intend to invest many millions of dollars (pounds) in order to bring the hotel to the highest levels of luxury.

"When completed, I believe that the Turnberry Hotel will be the finest and most luxurious hotel in all of Europe."
Donald Trump
Turnberry Hotel
The Turnberry purchase adds to Donald Trump's ownership of a golf resort in Aberdeenshire
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Business magnate Donald Trump is reportedly set to add one of the world's most famous golf courses to his portfolio.
The U.S. tycoon is close to completing a £35million deal to buy Scotland's Turnberry Golf Course, following months of secret negotiations.
The South Ayrshire course, which is tipped to host its fifth Open in the next 10 years, is currently owned by Leisurecorp, a subsidiary of the Dubai government.
A source said: 'Turnberry will be the gem to crown Trump's golf portfolio and it is 95 per cent certain to go through.
Billionaire U.S. businessman Donald Trump is reportedly close to securing a deal to buy Turnberry Golf Course in Scotland

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