West Ranga are acquisitive in this sector with offices accounting for 25.00% of portfolio value. 

The team will consider all opportunities but particularly seek the following:

• ​High quality, well located single-let properties with long unexpired terms. 
• Multi-let, high quality properties with scope to add value through asset management. 
• Vacant office buildings with good underlying fundamentals and capable of refurbishment or redevelopment.

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​​​We would be delighted to consider any opportunity between £2M - £10M.

CURRENT OFFICE PROJECTS
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Endeavour House, Dundee​

• Let to national surveying practice, Graham & Sibbald (2021) and The Scottish Ministers (2023) 
• Multi-let modern office pavilion located in a prominent location on Dundee’s waterfront
• Purchased from Tavistock for a price reflecting a NIY of 8.83%

​​Located immediately adjacent to the redeveloped Dundee Train Station and Sleeperz hotel development, the property is situated in the heart of Dundee’s waterfront regeneration project. 

£1BN of private and public funds have been spent transforming the area with the new V&A museum (the first of its kind outside London and opening 5th September 2018) anchoring the development. 

Attracted by the quality of the tenants and physical property, low rental rate per sq ft, high car parking ratio and location, we were delighted to secure this off-market opportunity. 

Graham & Sibbald recently showed their commitment to the property by extending their lease to 2023.

​With further asset management opportunities being progressed, we look forward to holding this asset and watching the continued transformation of the area and the City. ​