Si Limited Partnership No 7

  • c.£39.8 forward-funded development of a prime 150,000 sq ft leisure and office development in the heart of Aberdeen.
  • The property consists of existing let space and units to be developed (both pre-let and vacant with rental guarantees).
  • Strong tenant covenants in place for existing units, let on FRI terms.
  • Pre-let development includes a casino and a 107-room hotel.
  • An estimated IRR of over 9%, based on assumptions provided by DTZ.
Status:
Investment growth phase