Development Opportunity Emerges as £1.4 Million Demolition of Rothesay House Approved Nov 3, 2023 The Fife Cabinet Committee Councillors have unanimously approved the £1.4 million demolition of the 40-year-old Rothesay House, a former council administrative office building. This decision, aimed at cost-saving and paving the way for redevelopment opportunities, aligns with Fife Council’s ambition for regional regeneration and sustainable property management. The demolition, funded from the corporate contingencies budget, […] Posted by: Mya Driver Read more
Tristan Capital Partners Acquires St. Andrew Square Property to Boost Queensway Hotel Pipeline Nov 1, 2023 Investment firm Tristan Capital Partners, through its European Property Investors Special Opportunities 6 (EPISO 6) fund, alongside Queensway, has secured the purchase of a 63,195 square feet office property situated on St. Andrew Square in Edinburgh, Scotland, from PATRIZIA Hanover PUT (Patrizia). This acquisition marks a significant step in expanding the fund’s Point A Hotel […] Posted by: Mya Driver Read more
Scottish Opera Announces Major Mixed-Use Development Beside Glasgow’s Canal Nov 1, 2023 Scottish Opera has unveiled plans for a significant mixed-use development at its current site alongside Glasgow’s canal, featuring student accommodation, rehearsal and performance spaces, and film facilities. The proposal, known as the New Rotterdam Wharf project, aims to consolidate Scottish Opera’s operations at 40 Edington Street, just north of Glasgow city centre, and is currently […] Posted by: Mya Driver Read more
Next phase of £7m speculative development by Knight Property Group gets underway in East Kilbride Oct 31, 2023 New 28,000 sq ft industrial warehouse at Langlands Commercial Park will be ready for occupation in April 2024,. Knight Property Group has started on site with the next phase of speculative development at Langlands Commercial Park in East Kilbride. Clark Contracts has been appointed as the main contractor on the new 28,000 sq ft industrial […] Posted by: Mya Driver Read more
£31M proposed to Revitalise Port Glasgow Estate Oct 27, 2023 The defunct Clune Park estate in Port Glasgow is set to undergo a £31 million transformation as per the revised masterplan recently revealed. Inverclyde councillors are now faced with the task of approving these fresh redevelopment proposals, which have been refined since their initial presentation in October 2018. The struggle to secure control over privately-owned […] Posted by: Mya Driver Read more
Aberdeen High Rises Face Potential Demolition Oct 25, 2023 Aberdeen’s cityscape may undergo a transformation as eight prominent tower blocks, including well-known structures like Marischal Court and Hutcheon Court, are under consultation for potential demolition. Aberdeen City Council has launched a comprehensive consultation to gather feedback from residents and property owners about the fate of these eight high rises. This move, seen by many […] Posted by: Mya Driver Read more
Planning application submitted for refurbishment and Passivhaus extension at Edinburgh’s Trinity Academy Oct 18, 2023 A planning application has been submitted to City of Edinburgh Council for the second phase of development at Trinity Academy, a secondary school set within the Victoria Park conservation area in the north of the city. The project builds upon the award-winning phase one – a new-build sports and outdoor centre that serves the local […] Posted by: Mya Driver Read more
Legal & General, Bruntwood & GMP Fund invest half a billion into UK’s science, tech & innovation economy Oct 16, 2023 Bruntwood SciTech, the UK’s leading specialist property provider, founded by Legal & General and Bruntwood in 2018 to support the growth of the life science and tech sectors, has secured £500 million of additional investment and welcomed the UK’s largest local authority pension fund, Greater Manchester Pension Fund (GMPF), to the partnership. GMPF is the […] Posted by: Mya Driver Read more
Blackfinch Property completes £5.6m bridging loan Oct 12, 2023 Blackfinch Property, a rapidly growing agile lender to the residential and commercial real estate sectors, has completed a £5.6m bridging loan, with a 12-month duration, which will be used to help facilitate the development of a new hotel in the heart of Edinburgh. The hotel development project will rejuvenate three dilapidated mixed-use retail/office buildings on […] Posted by: Mya Driver Read more
Dalata Hotel Group Bolsters UK Presence with £12.5M Edinburgh Development Site Acquisition Oct 5, 2023 Dalata Hotel Group, based in Ireland, has expanded its UK portfolio by securing a prime development site in Edinburgh for £12.5 million. This acquisition from Aviva Life & Pensions UK Ltd. underscores Dalata’s commitment to growing its footprint in the UK. Located in the heart of the city, overlooking St. Andrew’s Square, the site currently […] Posted by: Mya Driver Read more
