Transaction History - Development


121 – 123 Princes Street, Edinburgh, EH2 4AD
Acquisition of three retail units with upper parts, subject to short term income. Planning permission secured and prelettings agreed to New Look and Premier Inn.
Purchaser – Deramore Property Group


OKI, Cumbernauld
Strategic redevelopment advice of 64 acre site, leading the design team, procuring and funding of a new 200,000 sqft production facility. Planning permission delivered for retail park. Sale of retail park development site.
Vendor – Oki (UK) Ltd
Purchaser – The Carlyle Group/Halladale Plc
£50m


J2, Newbridge, Edinburgh.
Acquisition of eight acre development site to facilitate the development of 90,000 sqft distribution unit. Forward funding of the asset.
Vendor – 3663
£9m