APAM buys offices for £9.64m

Published: 07 March 2018

Real estate investment and asset manager APAM has bought OneSixty Dundee Street in Edinburgh city centre for £9.64m.

Originally developed as the headquarters for brewing company, Scottish and Newcastle, the 48,000 sq ft office is located in the Fountainbridge area of Edinburgh city centre and is multi-let to nine tenants, including Jacobs UK and Experian.

We see the acquisition as a great opportunity to capture growth and add value through our active asset management abilities.

Patrick Freestone, Senior Investment Manager , APAM

 

The property has one vacant suite of 3,500 sq ft, which is available for immediate occupation. Fountainbridge includes one of the last gap sites in Edinburgh city centre and is undergoing major mixed-use redevelopment with commercial, PRS and student accommodation being delivered in the area...

Full story via Co Star news

Share

Latest tweets

follow us @InvestEdinburgh