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Lower Gilmore Place
Edinburgh
Client

Glencairn Properties

Size

£35m+

Service

Investment & Development

Region

East Scotland

Description

Advised Glencairn Properties, the developer, on the successful sale of Keel Houses located at Lower Gilmore Place in Edinburgh. The sale comprised 152 studio beds which were delivered in two phases. L&G was the purchaser and the deal transacted off-market.

Outcome

1
Phase 1 was completed and sold as a stabilised investment.
2
Phase 2 was sold on a traditional forward funding basis.
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