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Spruce & Pine Portfolios
Aberdeen
Client

Schroders Real Estate

Size

67.6 acres

Service

Investment

Region

North Scotland

Description

Sale of 47 individual industrial ground lease sites in the Altens, Kirkhill, Bridge of Don and East Tullos industrial estates in Aberdeen. The sites were all owned by funds managed by Schroders Real Estate.

Outcome

1
The sites were purchased by Firethorn Trust SPV.
2
Secured the sale at a time of challenging property market conditions in Aberdeen.
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