KZN Real Estate and BauMont Real Estate form JV to acquire Quartermile One

KZN RE and BauMont are delighted to announce the acquisition of Quartermile One, Edinburgh for an undisclosed sum.

“Comprising a 123,000 sq ft prime office building within the Quartermile development in Edinburgh, this asset presents a fantastic opportunity for the joint venture to capitalise on a strong underlying asset, letting interest in the vacant space within the building and market conditions in Edinburgh” said Jon Brice, Managing Director of KZN Real Estate.

KZN Real Estate was established in 2023 by Jon Brice and David Corridan, and forms part of the Colmore Capital group of companies. Primarily running strategies to acquire or fund institutional grade assets and achieve enhanced returns on behalf of third-party capital, KZN has a strong focus on the office and industrial sectors, capitalising on the team’s track record of a combined £5bn assets managed and £2bn transacted.