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Clydebuilt Archives - Ediston

Ediston sells East Kilbride town centre site to Lidl

By | News
The store opened in August 2019 and Gordon Rafferty, Lidl GB’s regional head of property said “we would like to thank all those who have played a huge part in bringing this new Lidl store to East Kilbride. It is great for us to be able to create more jobs and investment opportunities in the area and we can’t wait to start serving our multi-award winning products to the local community”.
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Superdrug opens at Port Glasgow

By | News
Coates & Co and Savills acted for Clydebuilt LP and Culverwell represented the tenant. Alastair Dickie commented “This is another key national tenant to add to the impressive tenant line up in a park and location which has seen significant regeneration and improvement created by the Clydebuilt LP Fund”.
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Works progressing at Crown Street

By | News
Construction works at Ediston and Clydebuilt’s Crown Street Retail Park continue to move at pace. The contractor, Heron Brothers is wasting no time in progressing the envelope of the units and the concrete floor pours have been going well, with summer temperatures helping the drying / curing process. The target is now to get the buildings wind and watertight by the end of July allowing internal works to follow-on. Planned completion is still on target for Q1 2020.
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51 West George Street, Glasgow

By | Asset Management, Projects
PURCHASE Purchased by Ediston in April 2018 for Clydebuilt LP for £10.35 million reflecting a net initial yield of 6.31%. ACHIEVEMENTS The surrounding location, whilst already prime, is improving further with the redevelopment of Queen Street Station and the proposed Meininger Hotel due to be developed by Legal & General immediately next door at 21 West George Street on the site of the former Dale House. With the Clydesdale Bank pending move to Bothwell Exchange there is the potential larger development opportunity incorporating the New Look store and adjoining Redevco holdings.
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Shawlands Shopping Centre, Shawlands, Glasgow

By | Asset Management, Development, Investment, Projects
The property benefits from two retail car parks and a basement car park under the office building providing up to 300 car park spaces in total. The site area totals approximately 5.75 acres. PURCHASE On behalf of the Clydebuilt Limited Partnership, Ediston acquired Shawlands Shopping Centre in February 2016 for a price of £6.8m reflecting a net initial yield of 10.47%. ACHIEVEMENTS Undertaken several short term lets and lease regears to stabilise income until wider redevelopment can be considered. Completed a feasibility study with the design team to assess redevelopment and other “value add” options.
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