Page 14 - KPG Activity Portfolio 2024 hires nov24

E D I N B U R G H PA R K

PROPERTY ACQUISITION, SPECULATIVE
REDEVELOPMENT AND LETTING

4-5 Lochside Avenue is a speculative redevelopment and
refurbishment project.
The building was the only all electric newly completed
development in Edinburgh at that time and features a host
of sustainability and well-being enhancements. Rather
than demolish the existing building, we took the decision
to comprehensively remodel, redevelop and refurbish the
building, thus supporting a ‘RetroFirst’ approach.
The 43,000 sq ft pavilion-style building offers open-plan
Grade A office accommodation, ranging from 14,000 to
43,000 sq ft, configured over three floors.
It is one of the most sustainable buildings in Edinburgh Park
with an EPC rating of ‘A+’. There has been strong occupier
demand for the space due to the high specification, strong
environmental credentials and excellent connectivity.

Client
Knight Property Group

Value
£15m
Contract
52 weeks
Size
42,996 sq ft
Tenants
Lumacron Technology Limited / Pulsant

12 CURRENT ACTIVITY