Three large industrial and business parks owned by Aberdeen-based Knight Property Group are up for sale.

Lismore Real Estate Advisors has been tasked with selling the three parks worth total of £34.5million.

Kingshill Park and Prospect Park, two of the three Westhill developments, are costing a combined £16.5million.

Kingshill is home to Kraken Robotics Services, Mermaid Subsea Services, Rovco and more.

Prospect Park is home to the headquarters of energy service company Proserv.

The third site, Kingshill Commercial Park, described as “prime industrial estate”, is up for sale for £18m.

Parks 'perfectly placed'

Knight’s founder and chairman, north-east property entrepreneur James Barrack, told the Press & Journal the sales were “integral” to his company’s ongoing business strategy.

“We are particularly active in the north-east and across the central belt of Scotland. In the Aberdeen area, we are currently on site with two significant developments, for TrustFord at West Tullos Industrial Estate and Wickes at Westhill, both with long leases.”

Lismore director Simon Cusiter said: “The improvement in the Aberdeen (area) office occupational market can be clearly witnessed by the recent letting success Knight Property Group has had at Kingshill Park.

“Sophisticated occupiers are focusing on modern, energy efficient space.

“Product such as Kingshill Park is perfectly placed to accommodate such needs.”

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