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NI investor buys landmark asset

Wirefox adds City Park to Scottish portfolio

Former cigarette factory changes hands

Property investor Wirefox has added to its Scottish portfolio with the £41 million acquisition of a landmark office building in Glasgow.

The Northern Irish company has completed the purchase of City Park, a former cigarette factory which was converted to 294,000 sq ft of offices 15 years ago.

It is currently occupied to a variety of tenants.

Wirefox was advised by Scottish law firm MacRoberts and Derek Paterson of DPL, a specialist investment property advisor, alongside Belfast-based solicitors Davidson McDonnell.

The company has bought a number of Scottish properties including the Capella building and Rockford portfolio in Glasgow, and Silvan House in Edinburgh. It also acquired the Southergate Centre, a retail-led asset in Dumfries.

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