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National

Alistair Houghton

Lothian Pension Fund buys Edinburgh retail park from Hunter Real Estate in £16m deal

Hunter Edinburgh Lismore

Lothian Pension Fund has bought Corstorphine Retail Park from Hunter Real Estate Investment Management for £16.3m.

The park in Edinburgh has recently seen extensive refurbishment, with new lettings to Lidl and The Gym Group. It has also seenlease re-gears to McDonalds, Pets at Home and Cancer Research giving an average lease length in excess of 18 years.

Lothian Pension Fund was advised by Lismore Real Estate Advisors while Hunter was advised by Sheridan Keane.

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