Capital Park, Edinburgh - Bridges Fund Management

    

    

























 






    
	            
			    
    



		
		    

    
    
    





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Capital Park, Edinburgh

Highly sustainable industrial space supporting employment in Sighthill.

Investment Strategy

Property

Theme

Sustainable Planet

Date of initial investment

October 2020

Bridges Executives

Guy Bowden

Thesis

In order to achieve a net zero carbon economy by 2050, the UK must reduce its total energy consumption and increase the amount of energy it generates from renewable sources. The built environment accounts for approximately 40% of energy use and around 40% of the UK’s total carbon footprint – so improving the energy efficiency of our buildings is critical if we want to reach our net zero targets. Developing high-quality, low-carbon industrial units will contribute positively towards this.

Investment

Capital Park is a 7.5-acre site in the centre of Sighthill, an established trade-retail and industrial neighbourhood on the western side of Edinburgh. The city is in short supply of new industrial units, making the development a well-suited response to demand. The proposed properties, which are being developed with our long-standing partner Chancerygate, are expected to demonstrate strong environmental leadership, with target ratings of BREEAM ‘Excellent’ and EPC A/A+.

Outcomes

Our goal is to deliver high-quality industrial units for SME occupiers in the area, while targeting a 60%+ CO2 emissions savings against the baseline. The aim is to contribute positively towards the decarbonisation of the built environment with units that are highly energy-efficient (EPC A as a minimum) – maximising occupants’ well-being and reducing tenants’ operational costs. The development will also be enabling approximately 240 jobs.