Trophy-hunting property moguls want Donaldson's

TROPHY hunters from the Middle East, Stateside bidders, local moguls and city speculators are among those expected to be in the running to buy the £22 million-plus Donaldson's College in Edinburgh.

It is thought the Grade A listed Playfair building may end up as a hotel, homes or a leisure complex after a plan for flats fell through.

Estate agent Savills confirmed that due to a high level of global interest, a closing date of May 31 had been set - just six weeks after it was put on the market by owner Cala Evans Restoration.

Peter Allen of Savills said: "Properties of such significance rarely come to the market, especially in such a stunning location - essentially the gateway to a world heritage city.

"Donaldson's has attracted hotel, leisure and residential interest from around the world.

"Serious parties include local players, national developers and trophy hunters based in the Middle East."