Project, Company & Market Information
Acting on behalf of Ambassador Group DougraySmith confirm the purchase of the 114,680 sq ft Alba Campus in Livingston, West Lothian. The clinical trials campus includes office and research and development facilities. Ambassador bought the site for around £20.3m, reflecting a yield of around 77%. The 14-acre campus is let to Quintiles for another 10 […]
DougraySmith are appointed on the sale of a five asset Scottish office investment portfolio. With a total floorspace of c 647,000 sq ft and a combined annual rent of £11.787M, this is one of the largest portfolios brought to market in Scotland in recent years. UPDATE: Sold to Kennedy Wilson, June 2014
In a deal brokered by Dougray Smith The Haymarket development is now in advanced discussions to secure £100 million funding from Evans Randall. This includes a speculative office element in excess of 90,000 sq Ft. This forward funding deal means the long delayed project can progress. A spokesperson from Evans Randall said “They were attracted […]
In a recent survey carried out by Property Week and published in February, David Smith from Dougray Smith was voted as one of the UKs Top 50 Investment Agents for 2014.
We are delighted to announce that Property Week have covered the launch of Dougray Smith. They have focused upon our backgrounds and the companies’ strong relationships which we were pleased they chose to highlight. Our approach as advisers versus brokers is of particular importance to us and maintaining both client and deal integrity has been given […]