Downing Secures Iconic Glasgow Waterfront Site for Expansion Feb 22, 2024 Downing, the prominent property developer, has successfully purchased the historical Scottish headquarters of Reach PLC, located on Anderston Quay along the scenic north bank of the River Clyde. This acquisition, part of a multimillion-pound deal, signifies a strategic enhancement to Downing’s already robust portfolio, which spans several key cities across the UK, including Brighton, London, […] Posted by: Mya Driver Read more
Opportunity? ‘Ghost Shopping Centres’ to be demolished in £36.5m Scottish Regen Feb 16, 2024 A groundbreaking strategy to revitalise Hamilton’s town centre has been unveiled, with plans to demolish outdated ‘ghost’ shopping centres to make room for a new residential quarter. South Lanarkshire Council has outlined a visionary scheme focused on the regeneration of the area, promising a mix of housing and retail revitalisation. The ambitious project targets the […] Posted by: Mya Driver Read more
Edinburgh Council Launches Consultation for Proposed Second Tram Line Feb 15, 2024 Edinburgh City Council has initiated a step towards expanding the city’s tram network by announcing plans for a public consultation on a proposed second tram route. This new line aims to enhance connectivity across the city, with discussions set to begin in spring 2024. With an estimated cost of £2 billion for the new tram […] Posted by: Mya Driver Read more
Springfield Properties agree affordable housing contract for £15m Feb 6, 2024 Springfield Properties, a Scottish housing construction company, has entered into a £15.3 million agreement with the Highland Housing Alliance (HHA) to undertake the construction of affordable housing. The agreement encompasses an initial housing bulk sale, followed by the subsequent development phase. Springfield is set to receive £4.1 million for the bulk sale of housing, with […] Posted by: Mya Driver Read more
Atom Bank Secures £3.7m Loan Deal for Edinburgh Property Feb 6, 2024 Atom bank has stepped in to provide a substantial financial boost to an Edinburgh-based property investment company, delivering a commercial loan of £3.7m. This strategic financial move comes at a critical time for the business, which was seeking to expand its portfolio with six additional properties in the city. The company, initially bound by a […] Posted by: Mya Driver Read more
Balfour Beatty secures contracts valued at £43 million to construct two new primary schools in Scotland Jan 31, 2024 Balfour Beatty today announces that it has been appointed by Hub South East to deliver two new primary schools, valued at £43 million, in East Lothian, Scotland. Balfour Beatty will be responsible for the design and construction of the two new primary schools, located in Craighall and Blindwells, which will house state-of-the-art, modern teaching facilities […] Posted by: Mya Driver Read more
Prime Edinburgh industrial estate sold for £14m Jan 25, 2024 Lismore Real Estate Advisors (Lismore) advised abrdn on the £13.965m sale of South Gyle Trade Park, in Edinburgh to Rossco Properties (Edinburgh) Ltd. Set on a site of 12.31 acres, within Edinburgh’s premier industrial location, the multi-let estate is split into four distinct components, with an overall floor area of 139,650 sq ft. Comprising eighteen […] Posted by: Mya Driver Read more
Vita Group secures planning for a new 267-bed Vita Student PBSA development in Edinburgh Jan 24, 2024 Plans for a 267-bed purpose-built student accommodation building (PBSA) in Edinburgh brought forward by Vita Group have been approved. In the planning meeting, which happened on Wednesday 24 January, the Development Management sub committee at City of Edinburgh Council approved plans for the new Vita Student residence at New Waverley North, part of the £240M New Waverley regeneration project. […] Posted by: Mya Driver Read more
Green Light for Re-opening of Govan Drydock Jan 24, 2024 Govan Drydock Limited, located in the heart of Glasgow has been given the green light to re-open. Glasgow City Council has granted a Change of Use Planning Consent, which will allow the full re-opening of Drydock Number 1, which was previously designated derelict. Govan Drydock is now operational as a ship repair and maintenance facility. […] Posted by: Mya Driver Read more
Plans submitted for £125m new homes scheme at Govan Graving Docks Jan 17, 2024 New City Vision, in collaboration with Glasgow-based architects O’DonnellBrown, has presented ambitious plans to Glasgow City Council for the revitalisation of Govan Graving Docks, a significant step towards establishing a vibrant community in the area. The proposed project envisions the construction of 304 new residences along the southern edge of the site, expanding the Govan […] Posted by: Mya Driver Read more
