Page 47 - KPG Activity Portfolio 2024 V2
P. 47

3–11 MELVILLE


                                                                   STREET




                                                                   E D I N B U R G H

                                                                   PROPERTY ACQUISITION, INVESTMENT,
                                                                   ASSET MANAGEMENT AND SALE

                                                                   This was a strategic investment purchase of a prime block of
                                                                   Victorian properties in Edinburgh which had just undergone
                                                                   an extensive refurbishment for office use.
                                                                   Let to two tenants, this acquisition was made at that time
                                                                   to provide geographical spread to our portfolio and has
                                                                   provided several asset management opportunities thus far.
                                                                   The property was recently sold to a private overseas
                                                                   investor.

                                                                   Client Knight Property Group
                                                                   Value £10m     |     Contract N/A     |     Size 30,000 sq ft
                                                                   Tenants Johnston Carmichael / Eversheds Sutherland


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