PRUPIM has acquired a 153.2 acre (62 ha) property portfolio from Aberdeen City Council for £59.3m.

The portfolio comprises 59 ground lease sites, including the land and property on the three main industrial estates in the south of Aberdeen at Altens, West and East Tullos. 

Twenty-one offers were received for the site, almost all of which exceeded the £43.5m asking price. The deal is the largest of its kind in the north east of Scotland for about a decade. Ryden sold the sites for the council.