PPR Estates acquires prime Glasgow city centre investment

PPR Estates acquires prime Glasgow city centre investment

PPR Estates is delighted to announce the acquisition of Cranston House, 104-114 Argyle Street, Glasgow, a prominent mixed-use investment occupying a prime position in the heart of Glasgow’s retail core.

Extending to approximately 25,550 sq. ft, the fully let asset comprises four retail units with upper floor office accommodation, providing a strong income stream from a well-established tenant line-up including Schuh, Clarks, Vodafone and Zara. The acquisition further strengthens PPR Estates’ growing portfolio of retail-led investments across the UK.

Jonathan Caplan (Managing Director of PPR Estates) commented: “We are delighted to add Cranston House to our growing portfolio. Glasgow remains one of the UK’s strongest retail destinations outside London, and this acquisition reflects our continued focus on acquiring well-located assets with secure income and opportunities to create long-term value.”