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Caisson Acquires 161-169 Bonnington Road, Edinburgh EH6 5BQ

  Dec 2012

Caisson Investment Management have acquired, together with its JV equity partner Parabola Capital, a multi-let industrial estate in Bonnington Road, Edinburgh. The transaction of approximately £1.5m comprises 30,836 sq ft and consists of seven units.  The transaction reflects a net initial yield of c.9.0%, which is expected to rise to a net reversionary yield in excess of 12.00% once the vacant space is refurbished and let.  

The transaction forms part of the new Joint Venture which is committed to investing c.£50.0m into the UK MLI sector.

BonningtonRoad

BonningtonRoad2

BonningtonRoad3

-Ends-

Contact for enquiries

Lisa Allsup

Caisson Investment Management

Lisa.Allsup@caisson-im.com

+44 207 280 9600

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