Places for People acquire land to deliver over 1,300 new homes in Edinburgh Feb 5, 2025 The UK’s leading social enterprise, Places for People, has secured land on the outskirts of Edinburgh to bring forward over 1,300 new homes. The organisation who supplied over 1,700 new homes in the last year acquired the 110-acre site from Murray Estates in its ambition to deliver more new homes to meet rising demand across […] Posted by: Deividas Krupstas Read more
Avant Homes acquires site at Blindwells, East Lothian to deliver £47.8m, 174 new home development Jan 22, 2025 Avant Homes Scotland has acquired a 11.1-acre site at Blindwells, East Lothian, to deliver a £47.8m, 174 new home development. Called Althamer View and located off Greendykes Way, the development will comprise a mix of two-, three-, four- and five-bedroom family homes It will feature 16 of Avant Homes’ practically designed, energy-efficient house types and, […] Posted by: Deividas Krupstas Read more
Copenhagen Infrastructure Partners charges to the top of the UK battery stack Jan 9, 2025 Copenhagen Infrastructure Partners (CIP) has, through its flagship fund CI IV, taken Financial Investment Decision (FID) and issued Notice to Proceed (NTP) to commence construction of two further Battery Energy Storage System (BESS) projects in Scotland. Coalburn 2 is situated in South Lanarkshire, adjacent to CIP’s existing Coalburn 1 BESS project, and Devilla is situated […] Posted by: Deividas Krupstas Read more
Firethorn Trust secures £29.95m Leumi UK financing for Edinburgh PBSA development Dec 19, 2024 Commercial real estate investor, developer and asset manager, Firethorn Trust, has secured a £29.95million debt package from Leumi UK to deliver its first purpose-built student accommodation (PBSA) scheme. The financing will support the delivery of a 230-bed PBSA project in Leith, Edinburgh, which Firethorn acquired in February 2024. Forming part of the Leith Walk redevelopment […] Posted by: Mya Driver Read more
Vita Group secures £52 million funding for Edinburgh PBSA scheme Dec 17, 2024 Vita Group begins work on its latest purpose-built student accommodation scheme, appointing its lead contractor and securing a £52m development loan from Puma Property Finance. Part of the £240M New Waverley regeneration project, plans to transform this brownfield site into Vita Student’s 267-bed residence can now be put into play. The new plans which included […] Posted by: Mya Driver Read more
Edinburgh Council Approves Landmark £1.3bn Granton Waterfront Regeneration Project Nov 28, 2024 Edinburgh City Council has approved the first phase of the ambitious £1.3 billion regeneration of the Granton Waterfront, a project set to transform the northern coastline into a vibrant and sustainable community. In collaboration with Cruden Homes, the development will deliver 847 net zero-ready homes, making it Scotland’s largest and most significant brownfield redevelopment. The […] Posted by: Deividas Krupstas Read more
NextPower UK ESG Acquires Standalone Battery Energy Storage System Nov 28, 2024 NextEnergy Capital is pleased to announce that NextPower UK ESG has acquired a 29MW, two-hour duration standalone Battery Energy Storage System (“BESS”) project called ‘Rutherglen’, marking NPUK’s 13th acquisition into the NPUK, and its third acquisition in November. Rutherglen is a ready-to-build BESS project which offers an attractive grid connection and an estimated commercial operation […] Posted by: Deividas Krupstas Read more
Manova Partners secures planning to refurb Edinburgh office Nov 26, 2024 A planning application for the refurbishment of the Calton Square office building, has been granted subject to conditions by City of Edinburgh Council. Promoted by Ardstone Capital on behalf of Manova Partners, asset manager to the asset owner, the vision for the repositioned Calton Square is to create a best-in-class office building comparable to the […] Posted by: Deividas Krupstas Read more
Secure Trust Bank Real Estate Finance Funds Edinburgh Build-to-Rent Development with £13.7m Loan Nov 25, 2024 Secure Trust Bank (STB) Real Estate Finance has provided Edmond de Rothschild Real Estate Investment Management (REIM) with a £13.7 million loan to regenerate Stead’s Place into a build-to-rent development in Edinburgh. Located near the foot of Leith Walk, Stead’s Place is a collection of 110 one-, two-, and three-bed apartments, which are scheduled to reach […] Posted by: Deividas Krupstas Read more
Macquarie and Ferrovial announce sale of AGS Airports Nov 14, 2024 Macquarie Asset Management (Macquarie), via Macquarie European Infrastructure Fund 4, and Ferrovial have reached an agreement to sell AGS Airports to AviAlliance. The terms of the transaction represent an enterprise value for the business of approximately £1.53 billion. AGS Airports owns and operates the primary airports serving Aberdeen, Glasgow and Southampton. These airports provide essential domestic […] Posted by: Deividas Krupstas Read more