The logistics and distribution centre has been acquired by CBRE Global Investors. CBRE Global Investors will lease the property back to the brewer on a 20-year deal.

BrewDog was represented by MWM Property Consultants, while Knight Frank acted for CBRE Global Investors.

The property consists of a 129,000 sq. ft. modern distribution unit. Located within the 650-acre Eurocentral industrial site, the facility is one of Europe’s first refrigerated beer warehouses, with more than 60 staff.

Tom Stanton at CBRE Global Investors, said: “This is a unique opportunity to acquire a well-specified, modern facility in Scotland’s premier logistics and distribution location. The acquisition is consistent with our continued emphasis on prime real estate in desirable locations and provides a highly attractive, secure long income stream, in line with the fund strategy.

“The property sits at the heart of BrewDog’s logistics supply chain and we look forward to developing a strong, long-term relationship with them over the coming years.”

Alasdair Steele, head of Scotland commercial at Knight Frank, added: “The deal for Hop Hub underlines the compelling case for well-placed industrial and logistics assets – a large single-let unit with long-dated income underpinned by a strong covenant. These types of assets are relatively rare, but highly sought-after.”