Lismore advise on the sale of The Mint Building, St Andrew Square, Edinburgh

Lismore Real Estate Advisors have advised Hines on the sale of The Mint Building to Pontegadea.

The Mint Building is located in the heart of Edinburgh’s most prized location, St Andrew Square. Extending to a total of 70,467 sq.ft over ground and 7 upper floors, the building is let to four high quality tenants with 10.2 years term certain.

The price of £42.50m reflects a blended net initial yield of 5.78%.