THE Aberdeen Property Investors Group, the property division of Aberdeen Asset Management, has been to the fore in two major deals in the south-east of England and Edmonton, Canada. Along with Madison Land, it has sold for £9 million to the John Guest Group Focus 4 a 61,632sq ft industrial/warehousing unit in Bracknell, with Jones Lang LaSalle acting. And in Edmonton it is buying for about 80 million (about £65m) the Petroleum Plaza office building, which been let to the provincial gover
TWO former railway sites that have been empty for nearly 20 years have been sold for about £8.7m. The sites, which used to be rail container terminals, are to the south of Glasgow. Lambert Smith Hampton acted for BRB (Residuary) in the sale to Firs
t Group, which plans to relocate its Butterbiggins bus depot there and to develop offices for its own occupation.
ATISREAL has let 1,395sq ft at Kittle Yards, Causewayside, in Edinburgh to Bertram Nursery Group, which will use the newly refurbished space for its HQ. It has taken a ten-year lease at £16.50 per sq ft.
CORDATUS Partners, the property investment management business set up last year by three former Scottish Widows managers, is moving from St Colme Street to 908sq ft at 6 Walker Street in Edinburgh. Cordatus was self-represented in the deal with Edinburgh Commercial Property representing the unnamed lessor.
ON BEHALF of a private investor, Ryden has concluded the letting of 837sq ft at 34 Victoria Street, Edinburgh, to expanding retailer Reiver Country Farm Foods on a ten-year lease. It will trade as Oink, a new hog-roast sandwiches vendor. The letting has achieved a high rent for the area, at £57.80 per sq ft.
FOOD retailer Margiotta has leased a 4,484sq ft industrial shed in Dunedin Street, Edinburgh, for five years at £7 a sq ft as extra storage for its Edinburgh stores. Margiotta was self represented while Ryden represented landlord Peatallan.
CRÊPE à Croissant is the latest tenant to open an outlet at Glasgow's Buchanan Galleries shopping centre. It has taken a 540sq ft unit for ten years at £70,000 a year. Culverwell acted for Buchanan Partnership – a partnership between Land Securities and Henderson Global Investors – with Whitelaw Bakie Figes for Crêpe à Croissant.
Send deals details to jimdow@lumison.co.uk
The full article contains 399 words and appears in The Scotsman newspaper.
