Office block sold in £9.1m deal

Published: 16 October 2019

An Edinburgh property which is home to tenants including a law firm has been sold in a £9.1 million deal.

Causewayside House has been disposed of by Leicester-based real estate investment trust Custodian to an unnamed buyer.

It acquired the four-storey property on Causewayside, which has two ground floor retail units with offices above, as part of a portfolio in 2016.

Current occupants include law firm Digby Brown. Offices to let in the building are being marketed by estate agent Knight Frank.

Richard Shepherd-Cross, managing director of Custodian Capital said the disposal proceeds can be “redeployed on property with better income and capital growth prospects..."

Full story via Insider News


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