Page 34 - KPG Activity Portfolio 2024 V2

HIGHLY
WINNER
COMMENDED:
THE CAPITOL

A B E RD E E N

MULTI AWARD-WINNING JOINT VENTURE
WITH M&G REAL ESTATE – PURCHASE,
SPECULATIVE REDEVELOPMENT,
INVESTMENT, LETTING AND SALE

Acquired and redeveloped as a JV with M&G Real Estate,
this project integrates the timeless beauty of a 1930’s
cinema with the quality and performance of twenty-first
century office accommodation. Passing through the art deco
doors into the stylish entrance hall, visitors are greeted with
bespoke lighting and cool, calm granite and marble. The
development continues into the modern office space which
benefits from floor to ceiling windows and breathtaking
views over both the city and the North Sea.
The top floor was pre-let prior to practical completion to
PWC, with Dentons taking space on the fourth floor. The
remaining 48,000 sq ft of space was leased to Chrysaor for
their UK headquarters. Our 50% share of the JV property
was subsequently sold to M&G Real Estate.

Client Knight Property Group
Value £35m | Contract 78 weeks | Size 74,000 sqft

Tenants PWC / Dentons / Chrysaor

32 CASE STUDIES