A GOLF and leisure resort near Dundee has changed hands in a deal brokered by Colliers International.
Spanning some 600 acres at Piperdam Loch, the Piperdam Golf and Leisure Resort offers 77 holiday lodges, 27 holes of championship golf course, and a wedding and conference venue.
Founded by the sellers in 1989, the business has been acquired by UK holiday park operator Coppergreen Developments Ltd, which has plans to expand the resort. Coppergreen secured a £25 million funding package which will also support the addition of 28 lodges as well as mountain bike trails and quad biking.
It is great to see this level of investment in Scottish tourism.
David Copley, who founded Coppergreen with wife Donna and Richard Sidi, who will retain a non-executive role going forward, said: “We are focused on thoughtfully and sensitively expanding the site so that even more holidaymakers can enjoy first-class accommodation in beautiful surroundings.”
Richard Moss, head of Colliers International’s parks team, who advised the sellers along with specialist teams at Harper Macleod solicitors and Findlay & Co chartered accountants, said: “It is great to see this level of investment in Scotland’s tourism and leisure sector, which shows great confidence in the product, the area and the sustainability of Scotland’s tourist pull.”