Commercial Property News

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Monday, January 30, 2024

Bell & Scott act for Dundee Harbour purchase

Three teams from commercial property law firm Bell & Scott acted on behalf of Lindores Limited in the 14m purchase of a complex site at Dundee Harbour from Forth Ports plc.

Bell & Scott's Corporate Team, Retail & Leisure Team and Housebuilding Team were engaged to negotiate the acquisition of the substantial site, which will provide four development sites with consent for 250 residential units, as well as three further sites marked for office and residential development.

Iain MacDonald, Managing Partner at Bell & Scott, commented: "Deals of this nature are precisely what we're geared up for. Pulling together the specialist skills from our expert teams means we can successfully deliver on every part of this type of complex property investment. We are excited to be working on this project for Lindores. Dundee harbour is anticipated to be one of the most popular destinations in Dundee."

In addition, the teams acted in the acquisition and onward sale of the successful City Quay Retail Village.