Ryden hails ‘record year’ of property transactions
EDI Approach
Ryden has delivered one of its strongest years to date, completing more than 3.2 million sq ft of industrial transactions and £373 million of investment deals across Scotland.
The property firm said the results reflect the resilience of the market and its strengthened capability following its strategic partnership with Lambert Smith Hampton (LSH).
Ryden completed over 250 industrial deals, totalling c.3.275 million sq ft. Major transactions included the 67,376 sq ft acquisition for Odfjell Drilling in Portlethen, the largest industrial deal in Aberdeen this year, and the 56,281 sq ft letting at 101 Centre Street in Glasgow.
The firm is also advising on more than 3 million sq ft of speculative industrial development across strategic locations including Eurocentral, Clyde Gateway East, Hillington, and Edinburgh’s Sighthill, South Gyle Industrial Estates.
A major highlight of the pipeline is EDI Approach, the flagship 60-acre master planned logistics development at Newbridge, where Ryden is providing ongoing strategic advice on one of Scotland’s most ambitious next-generation industrial schemes.
EDI Approach
Ryden’s Commercial Investment team completed 49 transactions worth approximately £373m, supported by demand from both UK and international buyers. Landmark investment deals included the £28.55m acquisition of the TotalEnergies logistics facility at Aberdeen Gateway, the £26.5m acquisition of the Malt Portfolio, and the £22.15m acquisition of Central Exchange in Glasgow, a major multi-let office investment purchased on behalf of Ediston and Strathclyde Pension Fund.
The firm also advised on the £35.5m phased sale of Lower Gilmore Place in Edinburgh, including a forward-funding agreement with Legal & General.
The partnership with LSH has added 15 experienced specialists to Ryden’s Scottish operation, expanding its valuation, building consultancy, project management and cost consultancy capability. The collaboration combines Ryden’s market-leading Scottish insight with LSH’s UK-wide reach and national mandates.
Alan Herriot, industrial partner at Ryden, said: “This has been a year of continued significant progress for Ryden. The diverse nature of requirements, from green technology, resurgence of manufacturing, storage and distribution, seeking modern well-located industrial space remains exceptionally strong.
“This is reflected in the more than 3.2 million sq ft of transactions we have completed across Scotland. We are also seeing improving confidence across the wider market, with more decisive investor activity and a growing emphasis on high-quality, energy-efficient assets.
“Rising rental levels, constrained supply and sustained occupier demand continue to underpin the industrial sector, driving new development and major regeneration schemes forward. Our work on large-scale projects such as EDI Approach in Edinburgh, one of the most ambitious logistics developments in Scotland, demonstrates the scale of opportunity now emerging.”








