M7 Capital loans East Kilbride Nominees Ltd £4.5m to acquire retail park Feb 1, 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 £4.46 million loan to East Kilbride Nominees Ltd. The property vehicle is managed by David Samuel Properties Ltd (the “Sponsor”) who are a specialist purchaser of Commercial Real Estate assets across the […] Posted by: Mya Driver Read more
Landsec plan new £825m urban neighbourhood in Glasgow Jan 24, 2022 Glasgow’s Buchanan Galleries is set to be demolished, making way for a new exciting £825m mixed-use urban neighbourhood. Proposals by Landsec include a transformational development including homes, retail, restaurants and office space. The development company said its vision, developed after conversations with Glasgow City Council, is a response to the disruption facing retail, which has […] Posted by: Mya Driver Read more
Unbranded Finance funding unlocks Glasgow aparthotel scheme Jan 21, 2022 Unbranded Finance has kicked off 2022 by completing a £2.5 million bridging loan on behalf of Courie Investments Limited, secured against a prime Glasgow City Centre office building with planning permission for a 113-room aparthotel at 249 West George Street, on the corner of Blythswood Square. The 24-month loan will be used as a holding […] Posted by: Mya Driver Read more
Springfield Properties unveils plans for 1,000 home sustainable community Jan 17, 2022 If approved, the Lingerwood development will see up to 1000 new homes delivered within a cleverly integrated and well connected community. Following extensive consultation with Midlothian Council, local stakeholders and the public, Springfield has refined its proposals to demonstrate how Lingerwood will complement the unique identities of neighbouring Newtongrange and Mayfield. The proposals showcase how […] Posted by: Mya Driver Read more
Lismore’s review highlights positive Scottish investment marketing during 2021 Jan 12, 2022 Leading independent property advisory firm, Lismore Real Estate Advisors today released its comprehensive review of the Scottish investment market for the final quarter of 2021 and predictions for 2022. Despite the ups and downs faced during 2021, the Scottish investment market has fared surprisingly well with investment volumes trading at circa £1.345bn, a 24% increase […] Posted by: Mya Driver Read more
Gresham House invests £164m in Borderlink Broadband Jan 11, 2022 Gresham House’s British Sustainable Infrastructure Fund (BSIF) has invested £164m (€191m) in fibre broadband provider Borderlink Broadband. Gresham House said the investment is being made via its BSIF I and BSIF II funds. Borderlink, trading as rural broadband provider GoFibre, serves residential and business customers across Scotland, Cumbria and Northumberland. BSIF’s £164m funding, together with […] Posted by: Mya Driver Read more
Plans for new housing neighbourhood approved at former Inverkip power station Jan 10, 2022 Councillors have approved plans to develop houses on a former power station site. Plans include the development of 650 new homes on the 100-acre cleared site – which will be known as Brueacre Village. A new village centre with retail, community facilities and high-quality open spaces – including a public park and a network of […] Posted by: Mya Driver Read more
Falkirk Growth Deal set to attract £1bn of investment into region Dec 21, 2021 Up to 2,000 jobs and £1bn worth of future investment is expected to result from the signing of the Heads of Terms agreement between UK Government, Scottish Government and Falkirk Council in the Falkirk Growth Deal. The agreement means 11 projects can now use a total of £80m investment from UK and Scottish Governments, £45m […] Posted by: Mya Driver Read more
Major peatland restoration, carbon capture and woodland create scheme announced following acquisition of Glen Dye Moor Dec 21, 2021 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), and Par Equity (‘Par’), the Scottish-based forestry investment fund manager, today announce plans to deliver a significant woodland creation and peatland restoration scheme in the North-East of Scotland that aims to capture over 1.4 million tonnes of carbon. Aviva Investors and Par have established […] Posted by: Mya Driver Read more
Henderson Park snaps up Glasgow shopping centre from Hammerson in £140m deal Dec 15, 2021 Henderson Park, the European private equity real estate firm headquartered in London, announces that it has exchanged contracts for the acquisition of Silverburn, a 100,000 sqm flagship shopping centre in Glasgow, U.K., in an off-market transaction from a joint venture between Hammerson and Canada Pension Plan Investment Board for £140 million. This acquisition has been undertaken […] Posted by: Mya Driver Read more
