LSH to sell Scottish investment properties online

LSH to sell Scottish investment properties online

Three properties in Scotland, with values ranging between £1.38m and £7m, are to be sold via a new online bidding process, by Lambert Smith Hampton (LSH)’s capital markets division this Thursday.

The sales will combine the market insight of LSH’s capital markets team with the clarity of a transparent and competitive bidding process via an online platform.

The properties comprise two retail opportunities in Glasgow and a prominently located mixed-use development in Edinburgh.

Ewen White, director capital markets at LSH in Glasgow, commented: “Whilst this is one of the first times that an online sales platform has been used in this way, we believe that, due to its transparency, and immediacy, there are a number of organizations who will prefer this method of transaction. 

“As the sale has a global reach, it ensures that buyers and sellers are paying the going market rate, and sellers will also get the same high-quality advice and legal certainty that they’ve always enjoyed.

“These are three excellent investment opportunities which we have selected for this first online bidding process and we expect to attract a lot of interest.” 

 

 

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