M7 sells UK retail warehouse portfolio to British Land for in excess of £45 million Aug 14, 2024 M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has sold a portfolio of three UK retail warehouse assets on behalf of M7 Box+ II to British Land for over £45 million. St David’s Retail Park, Bangor, Queens Drive Retail Park, Kilmarnock and Enham Arch Retail Park, Andover, comprise a total […] Posted by: Mya Driver Read more
Railpen and GreenPower team up for new green investment in Argyll Aug 12, 2024 This latest investment initiative extends the existing partnership under which Railpen and GreenPower are co-owners of the 46MW operational Carraig Gheal Wind Farm. Situated closeby, Barachander is described as the ‘sister’ project to the operational Carraig Gheal wind farm, and is currently at the pre-planning consultation stage with the intention to submit a planning application […] Posted by: Mya Driver Read more
Eden Homes powers ahead with 150 new homes scheduled for construction between now and 2026 Aug 12, 2024 Edison Capital’s Eden Homes is set to build over 150 new homes across Scotland’s west central belt with a gross development value (GDV) of £64 million over the next two years. It is already underway with 53 units. Eden Homes (Scotland) Limited is the housebuilding arm of Edison Capital, the Ayrshire-headquartered private family investment office […] Posted by: Mya Driver Read more
Zedwell Expands to Edinburgh with Unique Windowless Hotel Concept Aug 2, 2024 Zedwell, a hotel brand known for its unique offering of windowless rooms, is expanding its footprint beyond London by acquiring the former Debenhams department store on Edinburgh’s Princes Street. This new venture marks the brand’s fifth hotel and signifies its entry into key British regional cities. Criterion Capital, the company behind Zedwell, has a robust […] Posted by: David Gilbank Read more
Cala Acquires Major Development Site on Glasgow’s Southside Aug 1, 2024 Cala Homes has secured nearly six acres of land on Glasgow’s southside, previously an industrial site, to build over 250 homes. The 5.87-acre plot in Cathcart, once home to ClydeUnion Pumps, was purchased from the US firm Celeros Flow Technology. The new development, named The Foundry, will feature a mix of one, two, and three-bedroom […] Posted by: Mya Driver Read more
Millemont Capital Partners Acquires Yotel Edinburgh from Starwood Capital Group Jul 29, 2024 In a significant real estate transaction, Millemont Capital Partners, a prominent UK private equity firm, has successfully acquired Yotel Edinburgh from Starwood Capital Group. The deal underscores Millemont’s strategic expansion in the hospitality sector, particularly in key urban locations. Yotel Edinburgh, a 276-room hotel located in the heart of Edinburgh’s New Town, opened its doors […] Posted by: Mya Driver Read more
Major Development in Glasgow High Street Changes Hands Jul 16, 2024 Revised plans are being drawn up for Glasgow’s expansive High Street goods yard site following its sale to a new developer. The 7.5-acre derelict site, located between Collegelands and Bell Street, has been acquired by Galliard Apsley Partnership, a joint venture between Galliard Homes and Apsley House Capital, which focuses on large-scale brownfield regeneration. Previously, […] Posted by: Mya Driver Read more
Assetz Capital Completes £5m Refinancing for Glasgow ibis Styles Hotel Jun 28, 2024 Assetz Capital has finalised a £5 million commercial mortgage to refinance the ibis Styles hotel in Glasgow. David Hehir, the relationship director at Assetz Capital, commented, “I was delighted to be able to support the re-finance of the ibis Styles Glasgow Central Hotel with a £5m debt package.” Hehir added, “We worked closely with Maven […] Posted by: David Gilbank Read more
UK Banks Invest £100 Million in Ardersier Port Renewable Project May 13, 2024 Ardersier Port, situated near Inverness, has successfully secured a £100 million investment from two state-owned banks to aid its development into a vital renewable energy hub. The Scottish National Investment Bank and the UK Infrastructure Bank have each contributed £50 million to Haventus, the company overseeing the port, which is also benefiting from green tax […] Posted by: David Gilbank Read more
Levelling Up Partnerships rolled out in Scotland for first time May 10, 2024 Dundee has been chosen as the first area in Scotland to benefit from a major tailored regeneration programme designed to support communities across the UK. The city will receive a £20 million Levelling Up Partnership from the UK Government designed to root out inequalities by attracting investment and increasing opportunities for local people, including by […] Posted by: David Gilbank Read more
