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
Custodian REIT sells industrial unit at 12% ahead of June valuation Nov 8, 2022 Custodian REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of an industrial unit in Kilmarnock at auction for £1.4 million at a 12% premium to its 30 June 2022 valuation. The environmental credentials of […] Posted by: Mya Driver Read more
Peel L&P gains approval for 1,110 homes at Glasgow Waters Nov 2, 2022 Plans to create a low carbon community with 1,100 new homes, a hotel, leisure facilities and public open space at Peel L&P’s Glasgow Waters have been approved. Glasgow City Council has today granted planning permission at Yorkhill Quay on the northern banks of the River Clyde. The proposals include 1,100 new homes for open market, […] Posted by: Mya Driver Read more
Plans approved for Dundee’s new £60M community campus Oct 26, 2022 Dundee councillors have approved plans for a new £60m campus on the site of St. Saviours School in the city’s east end. Plans by architects Holmes Miller for an integrated educational and community facility for the East End Community Campus will cater for almost 1900 pupils of Braeview Academy and Craigie High School and their […] Posted by: Mya Driver Read more
£120 million proposal for 500 homes to go before Falkirk council Oct 25, 2022 A Cala Homes proposal for the Gilston Park residential-led mixed-used development has been submitted by Halsteen the application for planning permission in principle. The proposal has been recommended for approval by officers, and will assist Falkirk Council to achieve its required housing land supply targets. The scheme has also received support from Forth Valley Chamber […] Posted by: Mya Driver Read more