Brockton Capital has sold engineering firm Leonardo’s research and development hub in Edinburgh to South Korean investor clients of Knight Frank Investment Management for £100m.
The price reflects a net initial yield of 5.91%.
The Leonardo Innovation Hub includes more than 439,000 sq ft of office, laboratory and industrial space.
JLL and Eastdil Secured represented Brockton Capital on the sale; Knight Frank and CMS advised the buyer.
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