Page 41 - KPG Activity Portfolio 2024 V2
P. 41

PROSPECT PARK

                                                                   - PHASE 1




                                                                   A B E RD E E N
                                                                   LAND ACQUISITION, PRE-LET DEVELOPMENT
                                                                   AND INVESTMENT SALE

                                                                   Developed on a pre-let basis as the HQ facility for Boskalis,
                                                                   the property occupies the highly visible corner plot of
                                                                   Prospect Park which extends to 2.53 acres in total.
                                                                   Sitting over four floors, the facility has been developed to a
                                                                   high specification, with the lower three floors incorporating
                                                                   open-plan office space while the top floor, set back from
                                                                   the parapet, houses a gymnasium and catering facilities.
                                                                   The development included an extensive bespoke fit
                                                                   out, which was incorporated into the base developer
                                                                   programme of works. The property was subsequently sold
                                                                   as an investment.


                                                                   Client Knight Property Group

                                                                   Value £14m      |     Contract 40 weeks     |     Size 54,000 sqft
                                                                   Tenant Boskalis


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