{"id":12732,"date":"2026-01-15T22:33:47","date_gmt":"2026-01-15T22:33:47","guid":{"rendered":"https:\/\/microvibenews.com\/?p=12732"},"modified":"2026-01-15T22:33:47","modified_gmt":"2026-01-15T22:33:47","slug":"sale-underpins-confidence-in-city-office-market-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=12732","title":{"rendered":"Sale underpins confidence in city office market \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/01\/4-5-Lochside-Avenue-Edinburgh.png\" alt=\"\" class=\"wp-image-188484 lazyload\" style=\"aspect-ratio:1.5754252527932548;width:837px;height:auto\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"504\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/01\/4-5-Lochside-Avenue-Edinburgh.png\" alt=\"\" class=\"wp-image-188484 lazyload\" style=\"aspect-ratio:1.5754252527932548;width:837px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/01\/4-5-Lochside-Avenue-Edinburgh.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/01\/4-5-Lochside-Avenue-Edinburgh-300x190.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/01\/4-5-Lochside-Avenue-Edinburgh-768x487.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/01\/4-5-Lochside-Avenue-Edinburgh-600x381.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>4-5 Lochside Avenue is fully let<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">The sale of an office block at Edinburgh Park has been seen as a vote of confidence in the market and to a part of the city which still has a number of empty units.<\/p>\n<p class=\"has-medium-font-size\">DS Properties has bought 4-5 Lochside Avenue which is fully let, a factor that is attracting investors.<\/p>\n<p class=\"has-medium-font-size\">Lismore Real Estate Advisors completed the deal on behalf of Knight Property Group for an undisclosed sum. <\/p>\n<p class=\"has-medium-font-size\">The Grade A building, extending to 42,519 sq ft across three floors, has been extensively refurbished and redeveloped by developer, Knight Property Group.<\/p>\n<p class=\"has-medium-font-size\">It is is fully-let to a tenant line-up, comprising SP Transmission, Lumacron Technology, Pulsant and Anchorpoint Group.<\/p>\n<p class=\"has-medium-font-size\">James Barrack Snr, founder and chairman of Knight Property Group said: \u201cFrom the outset, our strategy was to redevelop the building to meet the needs of modern office occupiers, with a strong focus on sustainability and quality.<\/p>\n<p class=\"has-medium-font-size\">\u201cAchieving full occupancy ahead of the sale is a proven endorsement of the quality and specification of the property and underlines our ability to create, lease and realise value in high-quality office assets. This transaction allows us to recycle capital into the next phase of our development pipeline.\u201d<\/p>\n<p class=\"has-medium-font-size\">Simon Cusiter, director of Lismore Real Estate Advisors, added: \u201cThis transaction highlights the depth of investor demand for high-quality, fully-let office assets in Edinburgh.<\/p>\n<p class=\"has-medium-font-size\">The property attracted good interest, reflecting both the quality of the development and the city\u2019s status as one of the UK\u2019s most resilient office markets.\u201d<\/p>\n<p class=\"has-medium-font-size\">Warren Phillips, Director of DS Properties said: \u201cIt\u2019s a first class asset in one of the UK\u2019s big six cities.<\/p>\n<p class=\"has-medium-font-size\">\u201cWe\u2019re very happy with the acquisition process and it was a pleasure dealing with Knight Property Group and their agent, Lismore, on the transaction.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Sale #underpins #confidence #city #office #market #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>4-5 Lochside Avenue is fully l&hellip; <\/p>\n","protected":false},"author":1,"featured_media":12733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[266,1716,1954,265,9047,7487,4466,9048,33,426,582,3696],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/12732"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12732"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/12732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/12733"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}