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Glasgow office building snapped up for £5m by Middle Eastern investment group

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A grade-A listed office building in Glasgow city centre has been sold for about £5 million to a Middle Eastern investment group, marking the latter’s first deal in Scotland. International Investment Gate (IIG) has acquired 158-160 West Regent Street on behalf of one of its private clients. The building dates back to the early 1890s, …

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Glasgow West Regent Street: A-listed city centre building occupied by Keppie sold in near-£5m deal

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A GRADE-A-listed building in Glasgow which was previously a church has been sold to a Middle Eastern investment group, for which the transaction is its first deal in Scotland. The deal is viewed as an indication of continuing strong interest in Glasgow from international investors. International Investment Gate (IIG) has acquired the building at 158-160 West Regent Street …

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Saudi Arabian investor pays £14m for Etrop Court

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International Investment Gate, acting on behalf of Saudi Arabia-based investor, Almajdiah Company, has acquired a single let office building occupied by Manchester City Council until 2031 in a £14.175m deal. The building was acquired from Wellington Properties. Located within Wythenshawe town centre, the property comprises 48,707 sq ft of office accommodation and is occupied by …

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Saudi investor buys Manchester council office for £14m

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Wellington Properties has sold Etrop Court in Wythenshawe to Almajdiah Company.  International Investment Gate, acting on behalf of the Saudi Arabia-based investor, has acquired the 48,700 sq ft property for £14.1m.  The Rowlands Way building is let to Manchester City Council until 2031 and is home to departments including home care, children services, adoption agency and neighbourhood services.   “Etrop Court complements our strategy of …

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