Heimstaden Bostad funds and acquires Edinburgh resi project Apr 21, 2022 Heimstaden Bostad AB has agreed to fund and acquire PLATFORM_’s 464-home residential project in Edinburgh for SEK 1.5 billion (£124.4 million). A build contract was placed simultaneously and practical completion is scheduled for mid-2024. The development is in the Bonnington regeneration area, 2 km (1.2 miles) north of Edinburgh’s city centre, to which it will […] Posted by: Mya Driver Read more
Glasgow shopping centre set for mixed-use transformation including 1,7000 homes Apr 12, 2022 A major Glasgow shopping centre could be transformed into hundreds of new homes and a hotel. Property developer Sovereign Centros has submitted a planning application outlining its masterplan for a radical reimagining of the city’s St Enoch Centre. The developer showcased how the space could be transformed into flexible and modern offices including rooftop restaurant […] Posted by: Mya Driver Read more
Scottish Conservatives to boost housebuilding to 25,000 a year Apr 12, 2022 The Scottish Conservative local government manifesto, to be published on Thursday, will include a pledge that the party would support raising the national threshold for LBTT from £145,000 to £250,000 to take account of rising house prices. Mr Ross also outlined plans to increase homebuilding targets to 25,000 new properties per year. As part of that […] Posted by: Mya Driver Read more
Claymore Homes submits plans for 800 new homes project Apr 8, 2022 Housebuilder Claymore Homes has submitted plans to Aberdeenshire Council to build 800 homes, a new primary school and community facilities at South Ugie. An application for planning permission in principle has been submitted after several consultation events with stakeholders and residents. Halliday Fraser Munro is providing professional architecture and planning consultancy services to Claymore as […] Posted by: Leon Newton Read more
SSE submits plans for new power station in Scotland Apr 8, 2022 Developers SSE Thermal and Equinor want to deliver the proposed 910MW Peterhead Carbon Capture Power Station on the Aberdeenshire coast. In January, SSE Thermal and Equinor entered the Peterhead project into a UK Government competition which aims to support industrial clusters to decarbonise. Earlier this month, it was announced that the project will progress to full evaluation […] Posted by: Leon Newton Read more
Edinburgh Gateway site acquired in joint venture with more homes planned for the west of the capital Apr 7, 2022 Osborne and Moda Living to develop 15.5-acre Edinburgh site. A joint venture between the two signals the commitment of both organisations to the capital, and will deliver a new urban quarter close to transport links at the rail and tram interchange in an area which has historically been the Saica packaging factory. The development will […] Posted by: Mya Driver Read more
Scottish Government gives green light to £500m Edinburgh Garden Village Apr 6, 2022 The first phase of the Edinburgh Garden District – Redheughs Village – is set to deliver 1,350 homes of various types and tenures, including more than 330 new affordable homes, as well as funding for a new primary school and nursery that will ensure places for all children on site. The development will also deliver […] Posted by: Mya Driver Read more
HUB and Bridges Fund Management lodge plans for Edinburgh BtR and creative working scheme Apr 5, 2022 The project will provide 205 Build to Rent homes, including 52 affordable homes, as well as creative workspace co-designed with locals and a new publicly accessible courtyard. The proposals for Beaverhall Road will replace an existing warehouse building, with a contemporary scheme that maintains the site’s status as a hub for the local creative community, […] Posted by: Mya Driver Read more
Nuveen Real Estate acquires 5 logistics assets in £125m deal Mar 10, 2022 UKREiiF attendee Nuveen Real Estate, one of the largest investment managers globally, has acquired five logistics assets across Norway, Germany, Spain and the United Kingdom. The acquisitions represent an overall investment of close to €150 million with the total gross area spanning 89,271 sqm (960,905 sq ft). All but one of the assets acquired are […] Posted by: Mya Driver Read more
Accrue Capital secures M7 Capital loan to refinance two assets Mar 7, 2022 M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £4 million loan to Accrue (Forum) LLP. The Sponsor (Accrue Capital) is a property investment, development, and asset management business with experience across all real estate sectors. The company invests its own […] Posted by: Mya Driver Read more
