Glasgow collaborates with UK Infrastructure Bank to accelerate Clyde Metro development Apr 13, 2023 A project that seeks to accelerate the development of Clyde Metro has been agreed between Glasgow and UK Infrastructure Bank (UKIB). UKIB has been working with the council to support the development of financial and commercial plans for the mass transit project which was recently confirmed by the Scottish Government as a key priority for […] Posted by: Mya Driver Read more
Investigation works planned for Aberdeen City Centre Masterplan Apr 13, 2023 Investigative works are to start next week on the central section of Union Street as part of one of the major projects in the City Centre Masterplan (CCMP). Four trial holes are to be made in the road and pavement to check what services and ducts are underneath the surface before work is due to […] Posted by: Mya Driver Read more
Seven premium build-to-rent schemes to be built by new Apache Capital and Harrison Street Real Estate Capital joint venture Mar 31, 2023 Apache Capital has formed a joint venture with Harrison Street Real Estate Capital that, with additional investment from National Farmers Union Mutual Insurance Society Limited and Apache Capital, intends to fund the development of up to seven premium build-to-rent schemes across England and Scotland. The New Platform has successfully closed and recently began construction on […] Posted by: Mya Driver Read more
Britain’s largest pumped hydro scheme in 40 years gets £100m investment boost Mar 23, 2023 Landmark Coire Glas in the Scottish Highlands could power 3 million homes and more than double GB electricity storage. SSE is providing a £100 million investment boost into what can be Britain’s biggest pumped hydro storage scheme in 40 years. The announcement is being made today as part of a visit by Scotland’s Cabinet Secretary […] Posted by: Mya Driver Read more
Council to invest over £18 million in housing across Stirling Feb 21, 2023 Stirling Council will invest more than £18m in housing across its communities during 2023-24. Around £8m has been earmarked for delivering 75 homes, 45 of which will be new, as part of the Housing Capital Investment Programme. This will be supported by £4.2m in grant funding from the Scottish Government. A total of £1.5m will […] Posted by: Mya Driver Read more
M7 Capital provides c.£12.5M loan to support acquisition of Edinburgh office asset Feb 7, 2023 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £12.5 million loan to VCM Global Asset Management (the “Sponsor”) to support the acquisition of Orchard Brae House in Edinburgh, Scotland. Orchard Brae House is a multi-let office asset located in […] Posted by: Mya Driver Read more
Capreon invests £37m in Edinburgh for Net Zero Carbon business plan Jan 16, 2023 Capreon announces that it has acquired Edinburgh Quay, a city centre complex of three office buildings in Edinburgh, Scotland, for £36.8 million. The acquisition is the third addition to Capreon’s European smart workplaces portfolio and follows a recent transaction for three buildings in Madrid, Spain. The Edinburgh Quay offices are 92% leased to top tier […] Posted by: Mya Driver Read more
Ruby Group reveals £100m Edinburgh hotel development Nov 18, 2022 The expansion of the Ruby Group, under the leadership of founder and CEO Michael Struck, is progressing rapidly despite the challenges in the European hotel market. The new Ruby Hotel in Edinburgh is located directly on the famous shopping street of Princes Street, opposite Princess Street Gardens Park, and comprises around 300 rooms across seven floors. The hotel […] Posted by: Mya Driver Read more
Prime Edinburgh residential development sites for sale Nov 14, 2022 Five sites at Western Harbour and three sites at Granton have been put up for sale in Edinburgh. The sites are considered to have high strategic value due to the potential for scaled residential development at a time when the city desperately requires more housing choice. The five waterfront residential development sites at Western Harbour […] Posted by: Mya Driver Read more
Summix announce purchase of Central Quay site in Glasgow from XLB Nov 10, 2022 Property developer Summix Capital has announced the purchase of one of the most exciting development sites in Glasgow from XLB. The prime brownfield site includes a current office building at 2 Central Quay, as well as a neighbouring 4.43-acre development site. Ideally located between the city centre and the west end, the development site is […] Posted by: Mya Driver Read more
