2007 News from Knight Property Group

Knight Real Estate kicks off new industrial project

Commercial property developer Knight Real Estate is set to begin the speculative construction of a substantial office and warehouse complex in Dyce

The building, on Howe Moss Avenue, will provide 10,000sq ft of offices together with 17,000sq ft of warehouse/workshop space and ancillary yard. Extensive car parking will also be included.

Infrastructure works on the two-acre site have already been completed.

Knight Real Estate Managing Director James Barrack said: "There is an acute shortage of industrial buildings within the Aberdeen market, particularly in Dyce, and this planned development is prefectly suited to alleviate that issue."

Joint marketing agents for the development are F.G. Burnett Ltd and Knight Frank.

Graeme Watt of F.G. Burnett said: "I am not aware of the availability of any industrial building which can boast the layout, size and flexibility of this new building. I am confident that it will be much sought after."

Katherine Monro of Knight Frank said: "There is bound to be strong demand for this building and I would anticipate that it will be leased long before it is completed.

 

Knight Real Estate to embark on new Central Belt project

Commercial property developer Knight Real Estate is about to embark on an extensive new industrial development in East Kilbride.

The Langlands Point project will see the speculative development of a number of industrial/warehouse units on the eight-acre site. It will also have scope for bespoke buildings.

The scheme, in a prominent location within the established Kelvin South and Langlands industrial areas to the south of the town centre, will enjoy excellent links via both the local road and main motorway network.

Development director of Knight Real Estate, Niall Carlton, said " The mix of speculative and bespoke opportunities means the develpment will possess the flexibility to meet a diverse range of requirements, augmented by the fact the buildings will be available on a lease or purchase basis.

"This represents another exciting venture for Knight Real Estate in the Central Belt and underlines our commitment to remain an established player in a national context".

Joint marketing agents for the development are Colliers CRE and King Sturge.

Cass Hibbert of King Sturge said: "We believe the development will address a serious gap in both the wider market and also for existing East Kilbride occupiers, by providing new units or bespoke opportunities, as it is apparent there is a lack of similar product in the current market. This, coupled with the fact the units will be availabale to both purchase or lease, should appeal to a broad range of occupiers.

 
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