13th June 2018

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.