D2 Business Park

Aberdeen
  • Client

    Global Gate Capital
  • Size

    £11.5m
  • Region

    North Scotland
D2 Business Park Image

Investment Funding and Sale

  • DESCRIPTION

    Forward funding of a new 88,000 sq ft industrial facility at D2 Business Park in Dyce for a price of £11.5m and then an onward sale just over a year after completion at a price of £16m, reflecting a yield of 5.24%.

  • Service Type

    Investment

Outcome

  • The facility was pre-let to Oceaneering International on a 15 year lease without breaks.

  • Took advantage of improved market conditions to achieve an outstanding level of profit for our client.