WEST RANGA
INVESTMENTS

West Ranga Investments is focussed on the acquisition of income producing property assets within the UK.

The team are constantly assessing and appraising numerous opportunities, deploying detailed market knowledge and advanced DCF to identify assets that meet our internal performance criteria.

We actively manage our properties to drive portfolio performance and meet sustainability goals.

This has accelerated in recent years as the Group targets a net zero carbon commitment.

Please get in touch for further information on current requirements.

A selection of some of our assets are detailed below:

Case Studies

ENDEAVOUR HOUSE, DUNDEE

High quality multi-let office building

Multi-let modern office pavilion purchased from Tavistock for a price reflecting a NIY of 8.83%.

Located immediately adjacent to the redeveloped Dundee Train Station and hotel development, the property is in the heart of Dundee’s £1Bn waterfront regeneration project.

In 2021, West Ranga Investments let the ground floor to The Secretary of State for Housing, Communities and Local Government for 10 years at a rent equivalent to £15.00 per sq ft per annum setting a new tone for the building.

Other tenants in the building include The Scottish Ministers (HMIE and The Scottish Government Housing) and The Scottish Ministers (Regeneration Directive).

D10 TRADE PARK, DUNDEE

High quality trade-counter estate

West Ranga have held this multi-let industrial estate since April 2019 and have successfully repositioned the asset as Dundee’s premier City Centre trade-counter location.

The property benefits from a new overclad roof and elevations. Internal and external decoration, new office and WC provision, new electronically operated sectional doors, new monoblock and resurfaced yard and 2.4 metre perimeter paladin fencing.

The change of strategy has attracted tenants including Salon Services, Aitken Wines, Ride-On Scotland, i-Art and Macron Sports.

120 WEST REGENT STREET, GLASGOW

High quality multi-let office building

Purchased in April 2019.

The property comprises a high-quality office building located in the heart of Glasgow’s CBD and extends to 12,122 Sq ft (1,126.16 Sq m) over ground and four upper floors.

Specification includes attractive reception area, raised access floors, suspended ceilings with LG7 compliant lighting, 8-person passenger lift and 5 car parking spaces.

West Ranga Investments are currently undertaking a range of asset management and refurbishment initiatives.

The first floor will become the Group’s Registered Office from March 2022.

CAZOO PORTFOLIO

High Quality Motor-Trade Showroom

In December 2021, West Ranga Investments negotiated and agreed the sale and leaseback of 4 car showroom properties in Chertsey, Northampton, Carlisle and Newcastle from Cazoo.

The portfolio was subsequently sold to LXI REIT for £16.7M reflecting a net initial yield of 5.75%.

OAKWOOD BUSINESS PARK, YORK

Industrial and Workshop Accommodation

Located immediately adjacent to the North York Ring Road, the estate comprises 20,250 Sq ft (1,881 Sq m) of industrial accommodation arranged across 15 units, a farmhouse and extensive caravan storage, all on a site of 5.48 acres.

The Park is fully-let however we have ambitious plans to increase the offering and improve the overall quality of the asset.

Glasgow
120 West Regent Street
Glasgow G2 2QD
Dundee
26 Commercial Street
Dundee DD1 3EJ
Edinburgh
70 Cumberland Street
Edinburgh EH3 6RE
York
5A Museum Street
York YO1 7DT
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