{"id":29783,"date":"2026-04-09T12:58:54","date_gmt":"2026-04-09T12:58:54","guid":{"rendered":"https:\/\/microvibenews.com\/?p=29783"},"modified":"2026-04-09T12:58:54","modified_gmt":"2026-04-09T12:58:54","slug":"seafield-retail-park-sold-ahead-of-development-plan-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=29783","title":{"rendered":"Seafield Retail Park sold ahead of development plan \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\/04\/Seafield-Retail-Park.png\" alt=\"\" class=\"wp-image-193793 lazyload\" style=\"width:840px;height:auto\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"524\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/04\/Seafield-Retail-Park.png\" alt=\"\" class=\"wp-image-193793 lazyload\" style=\"width:840px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/04\/Seafield-Retail-Park.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/04\/Seafield-Retail-Park-300x198.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/04\/Seafield-Retail-Park-768x507.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/04\/Seafield-Retail-Park-600x396.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Sold: Seafield Retail Park<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Seafield Retail Park, Edinburgh, has been sold on behalf of Rankeilour Properties for \u00a35.74 million to Crown Estate Scotland.<\/p>\n<p class=\"has-medium-font-size\">The park, in an area designated for development, is fully-occupied with five tenants\u00a0\u2013 Connection Flooring, Greggs, Halfords, McGurks Golf and Subway \u2013 and benefits from EV charging operated by For:Ev. It produces a total annual rental income of \u00a3428,630.<\/p>\n<p class=\"has-medium-font-size\">Rankeilour Properties acquired the property in late 2020 and has implemented an active asset management strategy.<\/p>\n<p class=\"has-medium-font-size\">Galbraith acted for the vendor, Rankeilour Properties, with legal advice from Shepherd &amp; Wedderburn.\u00a0 Agents CBRE represented the buyer, Crown Estate Scotland.\u00a0<\/p>\n<p class=\"has-medium-font-size\">Jamie Thain, investment partner at Galbraith, commented: \u201cThroughout the country, the retail warehouse sector continues to see strong levels of tenant demand and rental growth, which in turn underpins pricing. <\/p>\n<p class=\"has-medium-font-size\">\u201cRetail parks and out?of?town terraces remain among the strongest?performing retail sub?sectors. Vacancy rates continue to tighten and rental growth is being achieved in most well?located schemes.<\/p>\n<p class=\"has-medium-font-size\">\u201cThis is largely being driven by consumer preference for easily accessible locations with free parking, value?led operators, and efficient store formats.\u201d<\/p>\n<p class=\"has-medium-font-size\">Jack Chandler of CBRE commented: \u201cSeafield Retail Park lies within a strategic location of future investment and redevelopment. <\/p>\n<p class=\"has-medium-font-size\">\u201cThe acquisition by Crown Estate Scotland demonstrates their ambition to diversify their portfolio into well positioned, strategic, and resilient real estate.\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>#Seafield #Retail #Park #sold #ahead #development #plan #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sold: Seafield Retail Park Sea&hellip; <\/p>\n","protected":false},"author":1,"featured_media":29784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[999,266,17174,265,1717,1109,154,17175,351,17177,17176,2808],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/29783"}],"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=29783"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/29783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/29784"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}