22nd February 2017 back to news

Dundee Investment Deals 2016

Dundee Investment Deals 2016


On behalf of a retained local investment business we successfully acquired 3 assets within the Dundee area:-

1. Skoda Garage - Wester Gourdie, Dundee

2. Panmurefield Neighbourhood Centre - Lawers Drive, Dundee

3. Monifieth Shopping Centre - Monifieth


The properties were sourced from local property company James Keillor Estates and were acquired in two separate deals during 2016. The combined acquisition price amounted to £3.76m with a rent roll of £329,014.


A number of asset management initiatives are being pursued at this time, involving changes of use, development and lease renewal.