Fife industrial estate sold for over £10m
An industrial estate in Fife has been sold for £10.5m.
Belleknowes in Inverkeithing is now owned by PATRIZIA and Caisson.
The two companies joined forces to invest in multi-let industrial real estate during lockdown.
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Hide AdThe 140,000 sq ft estate in west Fife is home to companies including Network Rail, Kwik-Fit, Speedy Hire, and Plumbstore.
It boasts 22 units and is just 15 minutes from Edinburgh Airport.
The sale was confirmed by Lismore Real Estate Advisor.
The price reflected a net initial yield of 5.95%.