We have successfully invested $38.3 million to acquire Abbotsinch Shopping, a premier bulky goods shopping park in Glasgow, Scotland. Spanning 268,000 square feet of prime retail space, this asset is strategically located in a high-traffic area, offering both strong rental income and long-term value appreciation.

Abbotsinch Shopping is adjacent to the M8 motorway, providing excellent connectivity to Glasgow city centre within a 10-minute drive, as well as direct links to the M77, M74, and M80 motorways. Additionally, Glasgow Airport is just five minutes away, making it an attractive retail destination for both locals and travelers.

With over 1,000 parking spaces, the shopping park is well-equipped to handle high customer traffic, reinforcing its position as a dominant retail hub in the region.

Retail parks continue to thrive as key shopping destinations, especially in high-density urban markets like Glasgow. Abbotsinch Shopping is a fully multi-let retail center, hosting 15 well-established tenants, including B&Q, Pets at Home, Oak Furnitureland, and Dunelm—all of which provide long-term rental stability and consistent footfall.

This investment aligns with our strategy to acquire high-yielding commercial properties with long-term growth potential, leveraging strong tenant demand and excellent infrastructure connectivity.

Prime Location: Well-connected to major road networks and just minutes from Glasgow city center and the airport.

Fully Occupied Retail Hub: 15 established tenants ensure stable rental income and high foot traffic.

High Consumer Demand: Bulky goods shopping parks remain resilient, with strong customer demand for home improvement and lifestyle retailers.

Long-Term Growth Potential: Proximity to expanding urban developments enhances future appreciation prospects.

With Glasgow's retail sector continuing to evolve, we anticipate steady rental growth and increased asset value over the coming years. The strategic location, strong tenant mix, and long-term consumer demand make Abbotsinch Shopping a cornerstone investment in our growing commercial portfolio.

This acquisition further reinforces our commitment to investing in high-quality, income-generating assets that drive sustainable returns for our investors.