News

News archive

Year: 2017

Buccleuch Property sells Mill Court, Cambridge, for £9.85m

Buccleuch Property and joint venture partner Wrenbridge has sold Mill Court, a 38,840 sq. ft. business park in Great Shelford, Cambridge, for £9.85m. The site was sold to Hermes Real Estate Investment Management reflecting a net initial yield of 7.3%. An established office scheme comprising five office buildings set within landscaped surroundings, with on-site car […]

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Projekt 42 secures planning for community wellbeing centre

Projekt 42, a charity aiming to tackle poor mental health in Edinburgh, has secured planning permission to open a new health and wellbeing centre on Halmyre Street, Leith, in 2018. The community gym and wellness centre will offer a space for locals to come together and enhance their fitness, while also improving their mental wellbeing. […]

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Buccleuch Property and Wrenbridge complete forward sale of £11.3m South East London site

Buccleuch Property has completed a forward sale of its £11.3m Axion Building in Belvedere to Orchard Street Investment Management, who were acting on behalf of St James’s Place UK Plc. In conjunction with Wrenbridge Land, Buccleuch acquired the site unconditionally in March 2017 and obtained planning permission for a standalone 68,072 sq ft industrial development […]

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Buccleuch Property’s brace of deals at Kettering Business Park

Private property investment and development company, Buccleuch Property has completed two deals on its multi-million-pound Kettering Business Park development, and welcomed a host of new occupiers, including Northamptonshire Police and luxury automotive interiors specialists, I M Kelly. The Northamptonshire Police Northern Accommodation Hub includes a contemporary high specification, three storey office building totalling 29,482 sq. […]

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PROJEKT 42 SECURES £44K OF GRANT SUPPORT

Projekt 42, a charity aiming to tackle poor mental health in Edinburgh, has secured £44,000 funding to transform its vision of opening a community gym and wellness centre into a reality. Building on the success of its pilot programme in Leith, which saw over 400 members benefit from enhanced wellbeing, the social enterprise aims to […]

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Buccleuch Property acquires Edinburgh industrial estate

Buccleuch Property continues to strengthen its industrial portfolio with the recent purchase of West Telferton industrial estate in Edinburgh for £2.5m, representing an initial yield of 7.2%. The leading property investment and development company acquired the 3.27 acre site from IPIF, which consists of 11 units totalling 29,061 sq ft, across six terraces and two […]

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Challenge 2017 Winners Announced…

Big thank you to the 200+ property professionals that travelled across the UK to take part in the 11th annual Buccleuch Property Challenge. Together we have raised £14,000 for cancer charities Jo’s Cervical Cancer Trust and Ovarian Cancer Action. Over 70 teams pedalled across the Duke of Buccleuch’s, Drumlanrig Castle and Queensberry Estate in the four […]

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Buccleuch Property acquires industrial units in Walsall

Buccleuch Property has invested in two warehouse units at Bescot Crescent, located immediately opposite the Bescot Retail Park, Walsall. The Edinburgh-based property investor and developer has purchased the site with a view to carrying out an extensive refurbishment before marketing to new occupiers later in the year. The site comprises of two vacant warehouses of […]

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Buccleuch Property makes trio of acquisitions

Buccleuch Property has made a trio of industrial acquisitions totalling more than £5m, in key locations across the UK. The Edinburgh based property investor and developer has purchased a 40,232 sq. ft. unit in Balliol Business Park in Longbenton, Newcastle for £2.55m representing an initial yield of 8.2%. The detached industrial unit is currently let […]

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Buccleuch Property acquires second speculative industrial development

In response to continuing strong demand from investors and occupiers, Buccleuch Property has completed the acquisition of its second speculative industrial development in three months.  The 1.6 acre plot at Wolverton Mill in Milton Keynes will provide 31,500 sq ft of new build industrial accommodation and is being developed in conjunction with Secklow Asset Management.  […]

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Charity unveils plans for purpose built exercise hub in Leith to tackle mental health

Edinburgh based charity Projekt 42 has unveiled plans to create a purpose-built community gym and wellness centre in Leith, after gaining the support of local property businesses. Established by Sara Hawkins following her own battle with mental health, the not-for-profit venture aims to tackle misconceptions about conditions including depression and anxiety, and promote the connection […]

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Buccleuch Property Challenge unveils cancer charity partnerships

Buccleuch Property has announced it is to partner leading cancer charities, Jo’s Cervical Cancer Trust and Ovarian Cancer Action, for this year’s Buccleuch Property Challenge. The annual adventure race, which takes place at the Duke of Buccleuch’s Drumlanrig Castle and Queensberry Estate on Friday 8th September, has raised more than £100,000 for a range of […]

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Buccleuch Property wins two prestigious conservation awards

Development experts, Buccleuch Property have been recognised for their sensitive and effective restoration of Dalkeith Country Park (DCP), after recently collecting two prestigious, industry awards. The multi-million pound redevelopment, which saw the Park’s 17th century Category A listed stableyard transformed in to a luxury retail and leisure destination, received the ‘Regeneration and Conservation Award’ from […]

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Buccleuch Property secures new letting at Teesdale Business Park

Buccleuch Property has secured a new letting at Christine House, Teesdale Business Park. The first-floor office accommodation comprises over 2,000 sq. ft. and has been let to GAC Services (UK) Ltd on a six-year deal. Buccleuch Property recently completed an extensive refurbishment of Christine House in order to provide modern office accommodation with attractive lease […]

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Major contract signed to deliver next phase of Shawfair

The development of Shawfair, the largest urban expansion project in Edinburgh and Midlothian, has taken a major step forward with the signing of a multimillion pound infrastructure contract. The deal, worth over £4m between Shawfair LLP – a joint venture between Buccluech Property and Mactaggart and Mickel – and leading civil engineering contractors, Crummock, is […]

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Buccleuch Property sells flagship building at Shawfair Park for £14.2m

Buccleuch Property has sold its investment at Shawfair Park, Edinburgh to Middle Eastern investor, Placid Invest for £14.2m, achieving a strong yield of 5.85%. The 55,000 ft office and warehouse facility sits at the entrance to Shawfair Park and is currently the headquarters of the Scottish Qualifications Authority (SQA), the national body for the assessment […]

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Rise to the Challenge at Buccleuch’s eleventh adventure race

Professionals from across the property sector are being encouraged to sign up to the Buccleuch Property Challenge – a six-hour adventure race across the Dumfriesshire countryside. Taking place on Friday 8th September at the magnificent Drumlanrig Castle, the event will celebrate its eleventh year, promising another tough series of mental and physical challenges. From mountain […]

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Buccleuch Property acquires 3.8 acre site for development at Belvedere Industrial Estate, South East London

Buccleuch Property has strengthened its industrial portfolio following the recent purchase of a 3.8 acre site at Belvedere Industrial Estate in South East London. The leading property investment and development company acquired the site with the intention to secure planning and speculatively develop a 65,000 sq ft industrial unit with an end value in excess […]

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Buccleuch Property secures five new lettings at Sheffield business parks

Buccleuch Property has secured five new lettings comprising a total of 60,493 sq ft at Thorncliffe Business Park and Provincial Business Park in Sheffield on behalf of Mountcity Investments. The asset management specialists, who were appointed to manage Mountcity Group’s UK commercial property portfolio in 2015, have secured four tenants at Thorncliffe Business Park, the […]

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Buccleuch Property sells Atlas, Centralpoint for £4.6m

Buccleuch Property has sold a 56,508 sq. ft production and warehouse facility at Atlas, Centralpoint near Glasgow, for £4.575m. The industrial site was sold to Broomford Holdings reflecting a net initial yield of 6.4%. Buccleuch purchased the vacant warehouse in September 2014 and following the completion of a £320,000 yard extension, Buccleuch secured Hermes on […]

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Buccleuch Property strengthens team with new Associate Director

Buccleuch Property has added to its development capability with the appointment of new Associate Director, Neil Finnie, whose role will be to focus on new business development and key strategic projects across the UK. Neil was previously at Miller Developments where he built up an enviable track record over 10 years working in Office, Industrial […]

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