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Insider UK
Insider UK
Business
Peter A Walker

Capreon invests £37 million in Edinburgh offices

Capreon has acquired city centre office complex Edinburgh Quay for £36.8m.

This is the third addition to the property investment manager's European smart workplaces portfolio and follows a recent transaction for three buildings in Madrid.

The three Edinburgh Quay office buildings are 92% leased to tenants such as Apple, Bloomberg and the Financial Conduct Authority. They have a replacement value of £49m and a weighted average lease break of over five years.

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