February 4, 2023

Property company secures hat-trick of lets at £14m development

Frasers Property has secured the three lettings at the biggest speculative new build scheme at Hillington Park – Scotland’s largest industrial estate – in over 25 years. The new lets span a total gross floor area of 18,820 sq ft and, following the arrival of Kayfoam earlier this year, bring the occupancy of the modern West 100 & 200 scheme to over 33% in less than five months following its completion. The strategic decision by Frasers Property to invest £14m in a speculative development to meet demand for modern industrial and logistics space in the Greater Glasgow market is already showing success in a short period of time. Current occupiers operate in a wide range of sectors including transport & last mile logistics, automotive, construction services, manufacturing, engineering, trade counter, technology, and the health sector.  

_______________________

Would you invest in Fraser’s Property? Why or why not?

Leave a Reply

Your email address will not be published. Required fields are marked *