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
Premier Inn secures 200-bed hotel at Edinburgh Airport Nov 11, 2024 Whitbread PLC, the parent company to Premier Inn, has agreed terms with Riverstone Hotels Ltd for a new Premier Inn hotel at Edinburgh Airport. The 200-bedroom hotel will grow Premier Inn’s presence in the catchment serving Scotland’s busiest airport and a gateway to more than 150 domestic and international destinations. Plans for the ground plus […] Posted by: Deividas Krupstas Read more
Center Parcs announces plans for its first Scottish resort Nov 5, 2024 Household name holiday operator, Center Parcs has announces its plans to establish its first holiday village in Scotland, marking a significant expansion for the company and a major boost for Scottish tourism. The proposed development will be located just three miles north of Hawick in the scenic Scottish Borders. With an investment estimated between £350 […] Posted by: Deividas Krupstas Read more
Approval Granted for New 60-Bed Care Home in Corstorphine, Edinburgh Oct 31, 2024 A new 60-bed care home has received planning approval for a prominent gap site at the corner of St Johns Road and Manse Road in Corstorphine, Edinburgh. Proposed by Northcare Scotland and Unum Partnership, this project marks an important step in addressing Edinburgh’s care needs and enhancing a vacant space within the Corstorphine Conservation Area. […] Posted by: Mya Driver Read more
Europa acquires Dandara’s newly developed 342-unit BTR scheme Oct 30, 2024 Europa, a pioneer in pan-European real estate investment, announces that it has completed the acquisition of a 342-unit, newly developed build-to-rent (“BTR”) scheme, Granary Quay, in Glasgow, Scotland, from the Dandara Group, one of the UK’s leading residential developers and operators. Located in Glasgow’s West End, Granary Quay, which comprises a mix of studio, 1-bed […] Posted by: Mya Driver Read more
