JR Capital are pleased to announce the sale of Clyde Gateway Trade Park in Glasgow, on behalf of our multi-let industrial fund with Chancerygate.

The four-unit estate was sold for £3.23m, reflecting a 37% increase in capital value since its acquisition in December 2020.

Michael Soeten commented: “The disposal is in line with the Fund’s business plan, which targets the sale of non-core estates once their asset management initiatives have been completed and their value crystallised. In the case of Clyde Park, the rents across the estate were increased approx. 53% during our hold period.”

Lismore Real Estate in Edinburgh and Allsop in London acted jointly on the sale.