News

 

WHITLEY BAY

Whitley Bay / Spanish City : DougraySmith advised developer Robertson Property Ltd on the forward funding of a 68 bed Premier Inn hotel and Beefeater Restaurant to Aprirose at a net initial yield of 6%.This is a key part of the regeneration of the town.

THE BOURNE PORTFOLIO

DougraySmith advised on the sale of this student accommodation portfolio to Round Hill Capital / Starwood. The accommodation was located in Southampton, Cambridge, Glasgow and Edinburgh.

ERSKINE HOUSE

DougraySmith are retained on a sole agency basis to sell this outstanding redevelopment opportunity. Extending to 117,000 sq ft the building can be redeveloped for a variety of uses including office, hotel and residential.

TRAQUAIR HOUSE

DougraySmith are pleased to confirm the sale of this office building following a discrete marketing campaign on behalf of Kennedy Wilson. Further details on request

APRIROSE ACQUISITION

DougraySmith advised Aprirose, the real estate investment company, on their purchase of Stephenson House, for £9 million from a group of private investors. Stephenson House is a 69,575 sq ft modern warehouse and office located in Hamilton International Park. It is let to Babcock Rail Limited, the UK’s largest plain line track renewals company. The warehouse […]
HAYMARKET: Edinburgh

HAYMARKET: Edinburgh

DougraySmith , working jointly with JLL, confirm the successful sale of the Haymarket to M and G for £49.1M.
TORPHICHEN STREET: Edinburgh

TORPHICHEN STREET: Edinburgh

Dougray Smith is delighted to announce that Interserve Developments Ltd have concluded a missive to acquire the existing office premises at 24-28 Torphichen Street in Edinburgh. A major hotel deal has also been agreed with Whitbread PLC for  a new Premier Inn hotel in this West End of Edinburgh location. Welcoming the announcement, Interserve executive […]
NEWGATE ST: Newcastle-upon-Tyne

NEWGATE ST: Newcastle-upon-Tyne

Dougray Smith are delighted to be acting for Interserve in the acquisition and funding of the Listed former Co-Op store in central Newcastle. Pre-lets have been secured to Q Parks, Premier Inn, The Gym and Jimmy Spice with a further 3 units available for A3 /A4 occupiers. The project has been forward funded by DTZIM for National […]