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Glasgow, Retail

A speculative acquisition of a disused department store on the edge of Glasgow’s core shopping area and within the historic Merchant City. The initial acquisition was followed by 2 other substantial purchases and a large number of small lease negotiations which created a site of some 3.25 acres. Planning consent for 324 apartments, 220,000 sq ft of retail space and 170 car parking spaces was granted and the site sold to Selfridges for use as a new flagship store. The project won Scottish property deal of the year award 2003.