The Easdale brothers, prominent businessmen from Greenock, have enhanced their £800 million property portfolio with a new acquisition in Renfrewshire. Sandy and James Easdale, through their property investment branch, Dalglen, have recently purchased additional land at the Neil Street Industrial Estate in Renfrew, previously owned by Peel Waters Ltd.

This expansion adds another 13,750 square feet to the Easdales’ extensive portfolio. Sandy Easdale commented on the acquisition, highlighting its role in strengthening their existing holdings in Renfrew and aligning with their strategic investments across Scotland. He mentioned the addition of a superb tenant and property to their diverse portfolio.

James Easdale also expressed gratitude towards Peel Waters Ltd for their cooperation during the negotiations and noted the continued development of a positive working relationship. He emphasised the Easdales’ readiness to explore further opportunities within the United Kingdom.

Dalglen’s investment ventures are responsible for several housing projects, including developments at the Spango Valley site in Greenock, the former Tullis Russell paper factory in Glenrothes, and a waterside housing project in Dumbarton. These projects are set to create over 3,000 new homes in Scotland over the next decade.

Furthermore, the Easdale Investment Group has recently received approval from Inverclyde Council for a new £15 million development, comprising 47 homes at the site of the former Tate & Lyle factory in Greenock. They are also spearheading the redevelopment of the iconic former Watt Brothers store in Glasgow.

Sandy and James Easdale’s business acumen has been recognised nationally, with their inclusion in The Sunday Times Rich List 2023, ranking 126th in the UK wealth list. Their latest acquisition in Renfrewshire signifies a continued expansion and diversification of their already impressive property portfolio.