- Acquisition of Unit 3, Edinburgh Interchange in Q4 2024 with an existing capital partner.
- Unit 3 comprises 31,995 sq ft and is situated within a prime multi-let industrial estate in the heart of Scotland’s motorway network. This acquisition extends the capital partner’s presence on the site, adding an additional unit to their existing 5 ownerships and increasing their total sq ft to 196,384 sq ft.
- The unit is a modern, detached steel portal frame warehouse, 6m eaves rising to 8m at the apex, floor loading of 40 kN per sq m with a secure yard and separate car parking.
- Citivale sourced, negotiated and delivered the opportunity, assisting in managing the acquisition DD process.
- The unit is under offer to let within 3 months of acquisition at a rent ahead of business plan.
