Scotland

Parkcross Portfolio

Parkcross Portfolio

Scotland-wide retail portfolio consisting of 45 properties acquired from Administrators in 2005.  Intensive active management program implemented to maximise value of all assets. Various back to back sales achieved prior to settlement. 22 out of a total of 27 projected sales achieved within 3 months.15 prime properties retained for long term investment purposes with a running yield on cost in excess of 12% per annum.

End value            £7.5m