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
Lomond Acquires 2000 Property Portfolio in Scotland Mar 7, 2024 Lomond has announced the acquisition of Tay Letting, significantly enlarging its footprint in the Scottish rental market. The deal brings more than 2,000 properties across Glasgow, Edinburgh, and Dundee into Lomond’s portfolio, marking its fourth major acquisition in Scotland within a span of nine months. The newly acquired properties will be integrated into the operations […] Posted by: Mya Driver Read more
M Core acquires The Centre Livingston, Scotland Dec 4, 2023 National commercial property and investment companies LCP and Evolve Estates, both part of M Core, have jointly acquired their largest retail centre yet – The Centre, Livingston. The one million square feet retail and leisure destination, located in the centre of the town, just three miles from the M8 and nine miles from Edinburgh Airport, […] Posted by: Mya Driver Read more
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
M7 Capital provides c.£12.5M loan to support acquisition of Edinburgh office asset Feb 7, 2023 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £12.5 million loan to VCM Global Asset Management (the “Sponsor”) to support the acquisition of Orchard Brae House in Edinburgh, Scotland. Orchard Brae House is a multi-let office asset located in […] Posted by: Mya Driver Read more
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
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
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
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
Major Planning Application Submitted for New £2 Billion Edinburgh Neighbourhood Jan 11, 2024 One the most significant and sustainable urban expansions of Edinburgh in a generation is a step closer to reality following the submission of a major planning application to the City of Edinburgh Council (CEC). West Town Edinburgh Limited, the development consortium headed by Drum Property Group which owns more than 200-acres of prime development land […] Posted by: Mya Driver Read more
Major Property Acquisitions in Edinburgh and Glasgow Signal Robust Market Aug 23, 2023 In a series of significant property deals, French investor Remake Asset Management has acquired a prime office and retail block in Edinburgh, while S Hotels & Resorts has secured the freehold of Mercure Glasgow City Hotel. Remake Asset Management’s acquisition of the property at 40 Princes Street, Edinburgh, was finalized for £29.53 million. Built in […] Posted by: Mya Driver 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
