Kenneth Brewster joins Knight Frank Edinburgh Capital Markets Team

Knight Frank is pleased to announce the addition of Kenneth Brewster to the Edinburgh Commercial office.

Kenneth joins from Eric Young & Co, where for the past three years he worked across business space and investment teams before latterly specialising in Retail Agency, servicing high street and shopping centre instructions across Scotland.

Kenneth has joined the Edinburgh Capital Markets team, adding an additional dimension to the existing investment expertise.

In August 2014 the team saw in excess of £40million transacted over five deals in Scotland.

Key to this success was the sale of Aberdeen Energy & Innovation Park to Moorfield.  Acting on behalf of Buccleuch Property, in a joint venture with Scottish Enterprise, the team secured a price of £35.45million for the sale.  The deal reflects a yield of 8.42%.

Deals were also made in Livingston and Falkirk, where the joint sale of Alderstone Business Park and The Courtyard achieved a purchase price of £3,670,000.  The properties, which were sold on behalf of White Pillar Properties, were acquired by Archimedes Real Estate in an off-market transaction reflecting a NIY of 15.86%.

Significant transactions were also made in Edinburgh, where the continuous demand for the Edinburgh townhouse market resulted in the sales of 14 Alva Street and 46 North Castle Street for £790,000 and £2,050,000 respectively.  Both properties have been bought for residential conversion, a growing trend amongst Edinburgh investors.

Alasdair Steele, partner at Knight Frank, commented; “We are delighted to have recruited Kenneth to join the team.  He is an undoubted talent who is well liked and respected within the surveying community and will be a great addition.”