Big shed swoop: Simon Howie property group snaps up Livingston site

A property investment and development company owned by butcher and entrepreneur Simon Howie has snapped up a major distribution unit at Livingston from retail giant Tesco. The 186,000 square foot facility is located on a site extending to 18 acres next to the M8 motorway and is currently leased to delivery business DHL until 2023 with a tenant break in 2020. The price paid by Howie’s Rossco Properties has not been disclosed. Howie said: “This acquisition represents a very interesting asset management opportunity for Rossco.” Rossco Properties holds an investment portfolio of some £50 million.