2008 News
September 2008
DEVELOPMENT ACQUISITION
Retail unit at East North Street, Aberdeen has been acquired. The property will be offered for lease as one or two boutique office units following an extensive refurbishment programme.
August 2008
JOINT VENTURE
Full planning gain granted at Nelson Street, Aberdeen. This successful application has increased from a previously approved 20 flats with parking to 30 flats with 100% parking.
July 2008
INVESTMENT ACQUISITION
1 Minto Drive, Altens, Aberdeen has been acquired. The property comprises of a 22,000 sq ft warehouse unit, plus 12,000 sq ft of offices on a 5.5 acre site in the prime Altens industrial area of Aberdeen. This property is currently let by KCA Deutag, a major international energy and drilling company.
July 2008
REDEVELOPMENT
Work starts on the refurbishment of 7 St Machar Road, Aberdeen. The 17,000 sq ft site will comprise a mixture of office, warehouse and ancillary yard space and will be offered for lease after completion of an extensive redevelopment programme.
April 2008
LETTING
Retail unit at West High Street, Inverurie has been let to The Kilted Frog Delicatessen on a new 5 year lease.
April 2008
REDEVELOPMENT
Works have started on the redevelopment of Unit D, Broadfold Road, Aberdeen. The 14,000 sq ft site will comprise a mixture of warehouse and offices with 16 car parking spaces. Unit D will be offered for let on completion of redevelopment.
March 2008
LETTING
Following a lease surrender, the letting of Unit A, Broadfold Road, Bridge of Don, Aberdeen comprising of 25,000 sq ft offices and warehouse has been secured by Ziebel UK on a new 15 year lease.
February 2008
INVESTMENT ACQUISITION
16 St Machar Road, Aberdeen has been acquired. The site comprises a mixture of office and warehouse totalling 7,500 sqft with ancillary yard space and is currently fully let to Ashtead Plant Hire Company t/a A Plant.
January 2008
DEVELOPMENT ACQUISITION
Acquisition of industrial site at 7 St Machar Road, Aberdeen. The site comprises a mixture of office and warehouse totalling 17,000 sq ft with ancillary yard space. This will be offered for lease after completion of a redevelopment programme.
