Scott Howie, director of Beltrace (Antonine) Limited said:
“We are delighted to have acquired this excellent regional shopping centre which will be at the heart of North Lanarkshire Council’s plans for revitalising Cumbernauld town centre. We have a long-term vision for Antonine which we believe will provide vibrancy to the town and we look forward to working with local stakeholders to ensure the town’s continued success.”
Jamie Thain, Investment Partner at Galbraith commented:
“We are very happy to have secured this asset for our client and look forward to seeing how Antonine Shopping Centre forms part of Cumbernauld town centre’s ambitious transformation over the coming years”.
Galbraith advised Beltrace (Antonine) Limited on the acquisition with legal due diligence provided by Burness Paull LLP. Green & Partners and Shepherd & Wedderburn acted for the vendor.