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Propway News Details

Investors in commercial real estate buy a place in Edinburgh's city centre for seven figures
Investors in commercial real estate buy a place in Edinburgh's city centre for seven figures

Investors in commercial real estate buy a place in Edinburgh's city centre for seven figures

EDINBURGH: The Venue Studios building in Edinburgh's city centre has been acquired by commercial real estate experts Millfield Estates for seven figures (£2.75 million), bringing the total number of properties in its UK portfolio to 17. (Reported by news source)

Millfield Estates made their first property purchase north of the border with a seven-figure investment in the top three floors of this magnificent building on Calton Road, which offers breathtaking views of the city.

The fourth floor of the high-quality multi-let office building Venue Studios, which is located directly across from Edinburgh Waverley Station and features a spacious roof terrace ideal for entertainment and events, is accessible.

The apartments are Grade A office space that had a thorough renovation in 2008 and total 7,960 square feet. We are glad to have landed this wonderful opportunity after several close calls.

Global real estate advisors Jones Lang LaSalle represented Millfield Estates in this transaction, while Knight Frank represented the vendor.

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