Lismore Real Estate Advisors have advised Columbia Threadneedle on the sale of 11-15 Thistle Street, Edinburgh to Hub Residential.
Located in Edinburgh’s traditional golden rectangle, 11-15 Thistle Street extends to 21,581 sq ft and is occupied by Henderson Logie LLP, Scottish Futures Trust, Infrastructure Managers Limited and Van Ameyde. The vacant lower ground floor offers value add potential for additional office use or providing amenity to the building.
The price of £5.65m reflects a net initial yield of 6.61%.
