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
Seven premium build-to-rent schemes to be built by new Apache Capital and Harrison Street Real Estate Capital joint venture Mar 31, 2023 Apache Capital has formed a joint venture with Harrison Street Real Estate Capital that, with additional investment from National Farmers Union Mutual Insurance Society Limited and Apache Capital, intends to fund the development of up to seven premium build-to-rent schemes across England and Scotland. The New Platform has successfully closed and recently began construction on […] Posted by: Mya Driver Read more
Shakespeare Martineau advises Capreon on a £164 million acquisition Jun 14, 2023 Imperial Retail Park, covers a total of 32,200m2 and is the largest retail and leisure destination in South Bristol. The scheme is anchored by B&Q, The Range, HomeSense, M&S Foodhall, Next and Boots, and is currently 97% let. Fife Central Retail Park, acquired in 2005, covers a total of 30,200m2, is 95% let and anchored […] Posted by: Mya Driver Read more
Sibling of Asda-Owning Billionaires, Acquires Iconic John Lewis Building in Aberdeen Sep 6, 2023 The iconic Norco House building, formerly known as the John Lewis building, has been acquired by millionaire property developer Zakir Issa for a sum of £270,000. Zakir Issa, a sibling of the billionaire Issa brothers who own the supermarket giant Asda, has shown a keen interest in Aberdeen’s property landscape. The Norco House building, situated […] Posted by: Mya Driver Read more
Soller submits plans for 360-apartment project in Glasgow Jun 6, 2022 Property developer Soller Group has submitted a planning application to Glasgow City Council for 359 residential apartments for private rental, at 144 Port Dundas Road, Glasgow. Designed by Mosaic Architecture + Design, the planning application is for a landscaped courtyard development of 359 contemporary apartments. With a mix of studio, one- and two-bedroom homes, the […] 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
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
SSE submits plans for new power station in Scotland Apr 8, 2022 Developers SSE Thermal and Equinor want to deliver the proposed 910MW Peterhead Carbon Capture Power Station on the Aberdeenshire coast. In January, SSE Thermal and Equinor entered the Peterhead project into a UK Government competition which aims to support industrial clusters to decarbonise. Earlier this month, it was announced that the project will progress to full evaluation […] Posted by: Leon Newton Read more
Summix announce purchase of Central Quay site in Glasgow from XLB Nov 10, 2022 Property developer Summix Capital has announced the purchase of one of the most exciting development sites in Glasgow from XLB. The prime brownfield site includes a current office building at 2 Central Quay, as well as a neighbouring 4.43-acre development site. Ideally located between the city centre and the west end, the development site is […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires four assets for £76.4m Aug 23, 2022 Supermarket Income REIT plc (LSE:SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK announces the acquisition of four supermarkets for a total purchase price of £76.4 million (excluding acquisition costs), reflecting a combined net initial yield of 5.1%. Acquired from different vendors, the purchases consist of two […] 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
Two ‘Green Freeports’ set to be created in Scotland Feb 14, 2022 The Scottish and UK governments have agreed to establish two green freeports in Scotland. The special economic zones, offering tax breaks and lower business tariffs, are being promoted by the UK government as part of its “levelling-up” agenda. The deal comes as Prime Minister Boris Johnson visits Scotland on Monday. A bidding process will begin […] Posted by: Mya Driver Read more