Balmoral Group

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Balmoral Group, owner of the five-star Marcliffe Hotel, announced its intention to acquire Woodbank, a Shell-owned property with hotel and leisure facilities, adjacent to the existing Marcliffe site on North Deeside Road, Pitfodels, Aberdeen. The deal is subject to contract, which is well advanced.

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Aberdeen-based Balmoral Group, headed by Sir Jim Milne, has reported a rise in pre-tax profits to £10.3 million, up from £9m, despite a slight dip in turnover to £132.4m for the year ending 31 March 2024, down from £136m the previous year. The company, which employs over 800

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Balmoral Group has appointed Sarah Jane Hogg as a non-executive director. Ms Hogg is currently chief executive of Friends of ANCHOR – a charity dedicated to supporting cancer and haematology patients in the North of Scotland.

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