Investment Portfolio & Development Projects

Braes Shopping Centre, Castlemilk

This shopping centre was purchased in December 2005 and comprises around 110,000 sq.ft. of floor space and 54 retail units. The main anchor tenants are The Co-operative Food, Iceland, Greggs and Semi-Chem. This asset is owned in a joint venture with AWG Properties

Glendoe Retail Park, Inverness

This Retail Park was purchased in December 2005 and forms part of the Telford Retail Complex in Inverness. The Park extends to 40,000 sq.ft. and is anchored by MFI and Carpetright.

After a successful asset management programme this property was sold in 2006.

36-48 High Street, Inverness

These three prime retail units, let to Shoezone, Specsavers and Clarks respectively, were purchased in January 2018. We are currently exploring various asset management initiatives.

Castle Shopping Centre, Antrim

This shopping centre was purchased in October 2003 and comprises around 92,000 sq.ft. of retail space and 50 retail units. The main anchor tenants are Dunnes, Easons, Boots, New Look and Poundstretcher. After a successful asset management and development programme, the Centre was sold in May 2005.

134-146 High Street, Kirkcaldy

This 35,000 Sq ft former department store was purchased in January 2018, and we are currently exploring a range of development and asset management initiatives.

Longstone Centre, Edinburgh

This neighbourhood shopping and commercial centre comprising 16 units was purchased in July 2006 as an investment opportunity. During May 2008 a planning consent was secured to develop 52 flats and 8 commercial units. In 2010 an additional planning consent was secured for a revised housing/commercial scheme comprising 63 flats and 3 retail units.

This asset was sold in November 2015.

> View development plan

Kings Square, Belfast

This 22 unit suburban shopping centre in East Belfast was purchased in 1995 and the main anchor tenants are Supervalu and Ulster Bank. After a long term asset management and 6 unit extension, the centre was sold in October 2004.

Thunderton Place, Elgin

This 31,000 sq.ft. former Tesco store was purchased for redevelopment purposes in April 2004. The store was subsequently split into two units and the space was let to TK Maxx and Poundstretcher respectively. The asset was sold in June 2005.

25 West Stewart Street, Greenock

This supermarket, multi-storey car park and retail parade of shops was purchased in March 2002. The asset is anchored by Somerfield and Semi-Chem and comprises around 48,000 sq.ft. of retail space over two levels. This property was sold in April 2006 after a successful asset management programme.

115/121 High Street, Kirkcaldy

This town centre property was purchased in two phases during 2000 to undertake a mixed-use retail and residential development. The retail scheme was completed during 2002, lettings were secured to Bon Marche and Special Occasions and a residential planning consent was achieved for five flats over the upper floors. The retail element was successfully sold in January 2004 and the residential element was sold in September 2005.

43-51 King Street, Stirling

This town centre retail and office property was purchased in July 2003 and comprised 3 shops and 3 upper floor office suites. The main tenants were Lloyds TSB and Prudential Assurance. After the letting of an empty shop unit and a successful asset management programme, the property was sold in April 2004.

15/23 King Street, Kilmarnock

This town centre retail property was purchased during 1999 and was split into two retail units and an ATM. which were let to Claire's Accessories, Softworld and The Bank of Scotland.The asset was sold in May 2003.involved in at present.

Orleans Place, Dundee

A neighbourhood retail parade comprising 9 retail units let to multiple and local retailers.

This asset was sold in March 2016

Paisley Road, Renfrew

A neighbourhood retail parade comprising 9 retail units and 2 upper floor office suites.

This Asset was sold in December 2017.

Stenhouse Place East, Edinburgh

This 6,250 sq. ft. retail development was purchased in December 2015. The tenants include Tesco and Greggs as well as a local dental practice.

This Asset was sold in January 2018.

Cumbernauld Town Centre, Cumbernauld

This Town Centre was purchased in June 2013 in a joint venture with Hamilton Capital Partners. The Centre comprises 270,000 sq ft of retail, office and leisure space with around 75 tenancies. We are currently exploring a number of asset management initiatives.

Cumbernauld Shopping Centre, Cumbernauld

This Shopping centre was purchased in February 2016 in a joint venture with Hamilton Captial Partners. The centre comprises 142,550 sq.ft. of retail accommodation over two trading levels with anchor tenants including Home Bargains, Argos, and New Look. We are currently exploring various asset management and development initiatives.

4-8 John Street, Glasgow

This building comprises three commercial units and three floors of offices and was purchased in June 2012. The upper floor offices have been comprehensively refurbished internally and externally and have been partially let. The commercial units are all fully let.

Blenheim Place, Edinburgh

This 36,903 sq.ft. office building was purchased as an investment in March 2008 and is let in its entirety to The Bank of New York Mellon. This property was sold in Summer 2016.

124 St Vincent Street, Glasgow

This prime 7 storey city centre office property was purchased in September 2007 for re-development purposes. In early 2008 vacant possession of the building was secured and during early 2013 a refurbishment of the property is commencing with a view to securing suitable new lettings. This asset is held in a joint venture with AWG Property.

Visit the 124 St Vincent Street website here:
http://www.124stvincentstreet.com/

Redwood Crescent, East Kilbride

This 13,390 sq ft office property was purchased with vacant possession in January 2007. We secured an early letting to Azzuri Communications, who took possession in May 2007 after a refurbishment programme that we undertook on their behalf.

This asset was sold in September 2015.

52-60 Brandon Parade, Motherwell

This 40,000 sq.ft. property was purchased in March 2001 for redevelopment purposes. During 2001, part of the ground floor and basement was let on a long leasehold basis to JD Wetherspoon Plc, and in September 2003 the remaining 19,500 sq.ft. was let for office usage to North Lanarkshire Council on a 20 year lease. This property was sold in September 2007.

Charlotte House, Lerwick

This 20,000 sq.ft. office property was purchased in July 2005 as an investment to actively manage. It is occupied by a variety of Government departments including Employment Services, HMRC and the Scottish Executive.

This asset was sold in March 2006 after a successful asset management programme.

Boswell House, Arthur Street, Ayr.

This 20,000 sq.ft. town centre mixed retail and office complex was purchased in January 2004 and comprises 3 retail units and 3 floors of upper floor offices. The main tenants are Ayrshire and Arran Health Board, Finnies Sports and The British Red Cross. After a successful asset management programme, the asset was sold in October 2004.

Strand Street/Croft Street, Kilmarnock

This 70,000 sq.ft. town centre property was purchased in May 2002 as a long term retail and office development project. A number of office and retail schemes were worked up and the asset was successfully sold in October 2004.

Seagate Dundee

A three storey office building in the city centre with asset management strategy potential. A residential planning consent was achieved over the property and it was sold in 2011 for an attractive profit to a local house builder.

Ayr Road, Irvine

In January 2008 we purchased this 6.4 acre development site. We explored a variety of development initiatives for various retail schemes and a planning application was submitted for a food store in Spring 2009. Planning permission for this food store was approved during 2010 and a sale of the site to Sainsbury's completed during early 2011.

The Chimes, Campo Lane, Sheffield

This 7 storey residential and commercial development comprises 50 flats and 3 commercial units comprising around 8,000 sq.ft. of space. The practical completion was achieved in January 2006 and all the flats have been sold with the exception of six flats, which we have held on to for investment purposes. In addition all the commercial space has been successfully sold.

This is a joint venture with Modus Estates.

Tantallon Road, Glasgow

This 0.47 acre site was purchased in 2004 as a strategic land and investment opportunity. It was our intention to secure a planning consent for residential development and this was secured on appeal in January 2011. The site was sold in 2012 to a Scottish house builder, CCG Homes.

Culzean Road, Maybole

This 3.85 acre site was purchased in June 2005 as a strategic land and investment opportunity. The site has various industrial buildings still on site but our plan was to gain consent for residential development. We successfully secured planning permission in principle for the majority of the site in March 2011.

This asset was sold in August 2015.

Marks Hotel, Glasgow

This property was sold in December 2014.