{"id":3476,"date":"2026-04-09T13:23:21","date_gmt":"2026-04-09T13:23:21","guid":{"rendered":"https:\/\/stock999.top\/?p=3476"},"modified":"2026-04-09T13:23:21","modified_gmt":"2026-04-09T13:23:21","slug":"seafield-retail-park-sold-ahead-of-development-plan-daily-business","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=3476","title":{"rendered":"Seafield Retail Park sold ahead of development plan \u2013 Daily Business"},"content":{"rendered":"<p>            <\/p>\n<p>Sold: Seafield Retail Park<\/p>\n<p class=\"has-medium-font-size\">Seafield Retail Park, Edinburgh, has been sold on behalf of Rankeilour Properties for \u00a35.74 million to Crown Estate Scotland.<\/p>\n<p class=\"has-medium-font-size\">The park, in an area designated for development, is fully-occupied with five tenants\u00a0\u2013 Connection Flooring, Greggs, Halfords, McGurks Golf and Subway \u2013 and benefits from EV charging operated by For:Ev. It produces a total annual rental income of \u00a3428,630.<\/p>\n<p class=\"has-medium-font-size\">Rankeilour Properties acquired the property in late 2020 and has implemented an active asset management strategy.<\/p>\n<p class=\"has-medium-font-size\">Galbraith acted for the vendor, Rankeilour Properties, with legal advice from Shepherd &amp; Wedderburn.\u00a0 Agents CBRE represented the buyer, Crown Estate Scotland.\u00a0<\/p>\n<p class=\"has-medium-font-size\">Jamie Thain, investment partner at Galbraith, commented: \u201cThroughout the country, the retail warehouse sector continues to see strong levels of tenant demand and rental growth, which in turn underpins pricing. <\/p>\n<p class=\"has-medium-font-size\">\u201cRetail parks and out\u2011of\u2011town terraces remain among the strongest\u2011performing retail sub\u2011sectors. Vacancy rates continue to tighten and rental growth is being achieved in most well\u2011located schemes.<\/p>\n<p class=\"has-medium-font-size\">\u201cThis is largely being driven by consumer preference for easily accessible locations with free parking, value\u2011led operators, and efficient store formats.\u201d<\/p>\n<p class=\"has-medium-font-size\">Jack Chandler of CBRE commented: \u201cSeafield Retail Park lies within a strategic location of future investment and redevelopment. <\/p>\n<p class=\"has-medium-font-size\">\u201cThe acquisition by Crown Estate Scotland demonstrates their ambition to diversify their portfolio into well positioned, strategic, and resilient real estate.\u201d<\/p>\n<p>           \t            #Seafield #Retail #Park #sold #ahead #development #plan #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sold: Seafield Retail Park Seafield Retail Park, Edinburgh, has been sold on behalf of Rankeilour&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[839,272,7776,306,3087,3322,154,7777,2569,7779,7778,4598],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/3476"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3476"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/3476\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}