Major retail building on Glasgow street sold for nearly £13.8million

Major retail building on Glasgow street sold for nearly £13.8million

London-based property firm Old Park Lane Management (OPLM) has sold 98 Buchanan Street and 31 Royal Exchange Square in Glasgow for £13.775 million to Cervidae, marking OPLM’s exit from the Scottish market to focus on central London development.

Family investor acquires prime Glasgow retail assets for £13.775 million - Scottish Business News

Savills has successfully brokered the sale of two prime retail properties in Glasgow city centre on behalf of Old Park Lane Management (OPLM). The assets, located at 98 Buchanan Street and 31 Royal Exchange Square, have been acquired by family-led investor Cervidae for £13.775 million. The sale marks a significant milestone for OPLM, as it represents their exit from the Scottish property market. Having completed their asset management plan, OPLM…

Prominent Buchanan Street retail building sold for nearly £13.8 million

The prominent Glasgow asset has changed hands for £13.775m