Aberdeen industrial asset sold to a private investor

August 20th, 2022

Category: general

Knight Property Group completes sale of Denmore Place

Knight Property Group has completed the sale of Denmore Place in Bridge of Don to a private investor.

The industrial property extends to 11,814 sq ft and is let to subsea services company, Fugro GB North on a ten-year lease.

Howard Crawshaw, Managing Director of Knight Property Group said:

“The Aberdeen market remains resilient and after a lengthy ownership the sale will allow us to reinvest the proceeds in other new development.

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