Updated Oct 29, 2024
Roebuck Asset Management Acquires Office Building In Edinburgh For £133.25M
Edinburgh Park, 1 Lochside Cres, Edinburgh Eh12 9 Se, Uk
$133,250,000
Building Size
—
Asset Type
Office
Closing
Jul 21, 2020
About this deal
AI
The office property located at 1-3 Lochside Crescent in Edinburgh has been sold in a closed transaction. The sale took place on July 22, 2020, with a sale price of £133,250,000. The seller of the property was M&G Investments, while the buyers were Roebuck Asset Management represented by Nick Rhodes and Hyundai Asset Management.
Summary of transaction details
- Property Type: Office
- Transaction Amount: £133,250,000
- Address: 1-3 Lochside Crescent, Edinburgh
- Market: Edinburgh
- Seller: M&G Investments
- Buyer: Roebuck Asset Management – Nick Rhodes, Hyundai Asset Management
Nick Rhodes represented Roebuck Asset Management, and Hyundai Asset Management also participated in the purchase of the office property at 1-3 Lochside Crescent in Edinburgh.
Players
Market Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93