Clydebuilt LP have purchased 2 very prominent retail warehouse units in the destination location of Birkenshaw Trading Estate. The purchase price was £3.235 million / 7.60% NIY. READ MORE >
Prime Retail Warehouse Purchased by Ediston and Strathclyde PF Joint Venture
Ediston Secures full occupation of Pacific House, Glasgow
Ediston Real Estate, on behalf of its Clydebuilt LP (a joint venture vehicle with Strathclyde Pension Fund), has let the final suite of Pacific House to Levy McRae, thus securing a fully let investment less than 6 months after acquisition. Further to this, and acknowledging the importance of this location to their business, Levy McRae have re-geared their existing 6th floor lease to remove the 2021 break option providing for an 8 year term certain. This letting reflects the purchase business plan, creating a fully let investment, and confirming the strengthening Glasgow office market.
Ediston targeting a Q3 start for its Crown Street Retail Park, Glasgow
Ediston has announced that it has achieved detailed planning consent for its Clydebuilt Funds retail warehouse development at Crown Street in Glasgow. The large scale inner city regeneration project, which also include for the development of around 360 homes obtained consent from the City Council in March 2018 for this.
Ediston achieve major new letting to B&M Retail Limited at Kingston Retail Park, Hull
Ediston Real Estate, on behalf of its listed Ediston REIT, has completed an agreement for lease with B&M Retail Limited (‘B&M’) at Kingston Retail Park, Hull.
Ediston achieve further lettings at Heathfield Retail Park, Ayr
Ediston has let another unit at Heathfield Retail Park. Unit 9 has been let to DSG has taken a new lease on Unit 9 which extends to 12,000 sq. ft. for their new 3:1 format with Currys, PC World and Carphone Warehouse all trading from April 2018.
Ediston /Europa JV presell Plymouth Gateway Retail Park to Royal London
Ediston, in conjunction with Europa Capital, has pre-sold Plymouth Gateway Retail Park to Royal London Mutual Insurance Society at a price for the completed development of £22.7 million.