TCS acquires new property in Edinburgh

January2015

TCS has successfully acquired a prime piece of Real Estate on Princes Street in Edinburgh.

Princes Street is Edinburgh’s prime retailing thoroughfare which has led to it attracting an excellent blend of national and international retailers.

The street accommodates five department stores (House of Fraser, Marks & Spencer, Debenhams, BHS and the world renowned Jenners) which provide a strong retail backbone.

Over recent years Princes Street has seen several new developments attracting a number of notable entrants to the city which have further enhanced the street’s reputation as one of the UK’s premier retailing locations.

The property at 126 Princes Street is currently let to Mountain Warehouse Limited until 2024.

Colin Steele of Caledonia Management Ltd noted ‘this is a fantastic property in the bustling heart of Edinburgh and another great acquisition for TCS’.

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Town Centre Securities PLC (TOWN.L) 140.00 +4.50 Last updated: 28/03/2024 at 16:35