Who owns dilapidated former Fife college campus?

The home page of Panada's website features the Nairn Building at Kirkcaldy Harbour

It is four years since Fife College closed the campus as part of a review of its estates.

Put up for sale by Shepherd, Chartered surveyor, it was acquired by an un-named London developer for an undisclosed sum.

The company which bought the 7.65-acre campus was Nairn Holdings which dealt in real estate.

The top half of the campus site is owned by Priory Park Estates Limited

It was registered to an address in Pembroke Road, London.

The same day, the plot was split into two and sold to Panada Limited, which took over the bottom half consisting of the Nairn Building and the business units opposite the harbour, and Priory Park Estate Limited which took the top half.

Panada Ltd is based in the Seychelles, and describes itself as a global equity real estate investor.

VIDEO - The shocking decay of former college campus in Fife

Developer's pledge to tackle dilapidated former college campus

It says it will buy property from a single house to an entire industrial estate, and can provide capital, finance, consultancy, investor sales contacts and additional support.

But it only has one property publicly listed - the Priory Campus in Kirkcaldy, 5300 miles from the Seychelles.

In pictures: Extensive vandalism at former college campus in Fife

The company’s website actually showcases the college’s former Nairn campus at Kirkcaldy harbour across its home page.

No directors are listed, and no personnel profiled. Links to the company’s Facebook and Twitter accounts are dead. The only information is an address - Suite 9, Ansuya Estate, Revolution Avenue in Mahe, Seychelles.

Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.

In order for us to continue to provide high quality and trusted local news on this free-to-read site, I am asking you to also please purchase a copy of our newspapers - the Fife Free Press, Fife Herald, St Andrews Citizen and East Fife Mail.

Our journalists are highly trained and our content is independently regulated by IPSO to some of the highest standards in the world. The dramatic events of 2020 are having a major impact on many of our local valued advertisers and consequently the advertising that we receive. We are now more reliant than ever on you helping us to provide you with news by buying a copy of our newspaper.

Thank you

Allan Crow, Editor, Fife Free Press