Avant Homes acquires site at Blindwells, East Lothian to deliver £47.8m, 174 new home development

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

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Copenhagen Infrastructure Partners charges to the top of the UK battery stack

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 […]

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Firethorn Trust secures £29.95m Leumi UK financing for Edinburgh PBSA development

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

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Vita Group secures £52 million funding for Edinburgh PBSA scheme

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

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Edinburgh Council Approves Landmark £1.3bn Granton Waterfront Regeneration Project

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 […]

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NextPower UK ESG Acquires Standalone Battery Energy Storage System

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 […]

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Manova Partners secures planning to refurb Edinburgh office

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 […]

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Secure Trust Bank Real Estate Finance Funds Edinburgh Build-to-Rent Development with £13.7m Loan

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 […]

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Macquarie and Ferrovial announce sale of AGS Airports

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 […]

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