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Greenridge announces acquisition of prime retail units

Greenridge acquires prime retail units on Buchanan Street, one of the UK’s busiest high streets.

Greenridge Investment Management | 30 January 2024

Greenridge Opportunities LP is pleased to announce the successful acquisition of two 100% prime retail units in Glasgow’s premier shopping destination. The property comprises two highly attractive buildings on Buchanan Street, one of the UK’s busiest high streets, attracting an estimated 52 million visitors per year.

Greenridge continues to pursue opportunities that align with its commitment to delivering value and sustainable growth in the real estate investment sector.

Independent commercial property consultancy Knight Frank acted for Greenridge, while Savills represented the vendor.

“With attractive income, strong rental growth prospects, and potential additional value associated with the upper parts, this acquisition aligns perfectly with the strategic focus of our recently launched Greenridge Opportunities (GO) Fund.”

Alex Walker, Greenridge Partner