Scottish Community Trust Unveils Regeneration Opportunities for Developers Oct 4, 2023 Portgordon Community Trust (PCT) recently revealed their five-year regeneration plan, presenting considerable opportunities for developers. The plan, highlighted during an open day event, intends to transition the village harbour into community ownership, moving it from the current proprietors, Crown Estate Scotland. A notable project under PCT’s domain is the Richmond Building, previously the Richmond Arms […] Posted by: Mya Driver Read more
Scottish Conservatives to boost housebuilding to 25,000 a year Apr 12, 2022 The Scottish Conservative local government manifesto, to be published on Thursday, will include a pledge that the party would support raising the national threshold for LBTT from £145,000 to £250,000 to take account of rising house prices. Mr Ross also outlined plans to increase homebuilding targets to 25,000 new properties per year. As part of that […] Posted by: Mya Driver Read more
Scottish Government announces UKREiiF involvement May 3, 2022 The Scottish Government is set to showcase the country’s investment and development opportunities to domestic and international investors, funders and developers at the inaugural UKREiiF event. Taking place between the 17-19th May 2022 the event will facilitation introductions to drive sustainable and transformational economic growth across the UK. The Government’s Minister for Business, Trade, Tourism […] Posted by: Mya Driver Read more
Scottish Government gives green light to £500m Edinburgh Garden Village Apr 6, 2022 The first phase of the Edinburgh Garden District – Redheughs Village – is set to deliver 1,350 homes of various types and tenures, including more than 330 new affordable homes, as well as funding for a new primary school and nursery that will ensure places for all children on site. The development will also deliver […] Posted by: Mya Driver Read more
Scottish Government launch Green Industrial Strategy Sep 11, 2024 A focused strategy has been launched to place Scotland at the forefront of the net zero economy, with targeted actions to secure growth and investment. Delivered as part of the Programme for Government, the Green Industrial Strategy sets out five priority areas where efforts and resources will be concentrated. These are: A range of specific actions […] Posted by: Deividas Krupstas Read more
Scottish National Investment Bank commits additional £20 million Apr 23, 2024 The Scottish National Investment Bank (the “Bank”) has committed a further £20 million to the Mid-Market Rent (“MMR”) strategy (“New Avenue Living” or the “Fund”) managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The Bank’s follow-on investment will support the development of up to 100 new homes and takes its […] 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
Secure Trust Bank Real Estate Finance Funds Edinburgh Build-to-Rent Development with £13.7m Loan Nov 25, 2024 Secure Trust Bank (STB) Real Estate Finance has provided Edmond de Rothschild Real Estate Investment Management (REIM) with a £13.7 million loan to regenerate Stead’s Place into a build-to-rent development in Edinburgh. Located near the foot of Leith Walk, Stead’s Place is a collection of 110 one-, two-, and three-bed apartments, which are scheduled to reach […] Posted by: Deividas Krupstas 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
