Acquisition of The Gyle Shopping Centre and Launch of Open Offer Aug 10, 2023 Capital & Regional (LSE: CAL), the UK focused REIT with a portfolio of in-town community shopping centres, is pleased to announce that it has entered into an agreement to acquire The Gyle Shopping Centre (“The Gyle” or the “Property”) in Edinburgh for a total acquisition consideration of £40 million, excluding acquisition costs. The consideration for […] Posted by: Mya Driver Read more
Aedifica acquires £8.5m in Scotland care home Jun 21, 2022 Aedifica has invested £8.5m to acquire a fully operational care home in Ayr, Scotland. Creggan Bahn Court in Ayr has undergone two expansions in the past 10 years, currently accommodating 58 residents across the site. The home is operated by Maria Mallaband Care Group who operate 17 sites across Aedifica’s portfolio. The carte home is […] Posted by: Mya Driver Read more
Aldermore provides £13.1m loan to student property developer for new build PBSA in Dundee Oct 1, 2024 Aldermore Bank has provided a £13.1m loan for the development of a new build purpose-built student accommodation (PBSA) in Dundee. This development is a joint venture between Gylemuir Capital and Housing Growth Partnership (HGP). The property will comprise of 163 beds, with a sky deck and gym and 248 sq m of commercial space on […] Posted by: Deividas Krupstas Read more
Aldermore provides £13.1m loan to student property developer for new build PBSA in Dundee Oct 4, 2024 Aldermore Bank has provided a £13.1m loan for the development of a new build purpose-built student accommodation (PBSA) in Dundee. This development is a joint venture between Gylemuir Capital and Housing Growth Partnership (HGP). The property will comprise of 163 beds, with a sky deck and gym and 248 sq m of commercial space on […] Posted by: Deividas Krupstas Read more
Angus Council not against £40m battery storage plant Sep 22, 2022 Angus Council is not opposed to a £40 million battery storage plant near the border with Dundee capable of holding enough power to supply 35,000 homes a year. The 80 megawatt proposal would be the largest of its kind in the county. Proposals for the site near Duntrune first emerged earlier this year. A second […] Posted by: Mya Driver Read more
Apatura secures planning consent for the largest standalone Battery Energy Storage System awarded in Scotland Sep 13, 2024 New site at Port Glasgow will deliver grid scale battery energy storage driving its renewable energy ambitions in Scotland Renewable energy storage specialist Apatura has secured planning permission for a major new Battery Energy Storage System (BESS) in Port Glasgow, Inverclyde with a capacity of 700 megawatts (MW). This is the largest planning consent for […] Posted by: Mya Driver Read more
Application for Central Quay development aims to continue Clyde riverside regeneration Sep 29, 2023 Regeneration specialist Summix Capital has submitted a planning application to deliver a mixed-use development on a brownfield site at Central Quay, Glasgow. This major urban renewal project continues the regeneration of the Clyde riverside and comprises a vacant 4.43-acre site adjacent to the existing high-quality office building of 80,000 sq ft at 2 Central Quay. Ideally located between […] Posted by: Mya Driver Read more
Approval Granted for New 60-Bed Care Home in Corstorphine, Edinburgh Oct 31, 2024 A new 60-bed care home has received planning approval for a prominent gap site at the corner of St Johns Road and Manse Road in Corstorphine, Edinburgh. Proposed by Northcare Scotland and Unum Partnership, this project marks an important step in addressing Edinburgh’s care needs and enhancing a vacant space within the Corstorphine Conservation Area. […] Posted by: Mya Driver Read more
Assetz Capital Completes £5m Refinancing for Glasgow ibis Styles Hotel Jun 28, 2024 Assetz Capital has finalised a £5 million commercial mortgage to refinance the ibis Styles hotel in Glasgow. David Hehir, the relationship director at Assetz Capital, commented, “I was delighted to be able to support the re-finance of the ibis Styles Glasgow Central Hotel with a £5m debt package.” Hehir added, “We worked closely with Maven […] Posted by: David Gilbank 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
Avant Homes acquires site at Blindwells, East Lothian to deliver £47.8m, 174 new home development Jan 22, 2025 Avant Homes Scotland has acquired a 11.1-acre site at Blindwells, East Lothian, to deliver a £47.8m, 174 new home development. Called Althamer View and located off Greendykes Way, the development will comprise a mix of two-, three-, four- and five-bedroom family homes It will feature 16 of Avant Homes’ practically designed, energy-efficient house types and, […] Posted by: Deividas Krupstas Read more
Ayr Town Centre Set for Revitalisation with Hourstons Site Redevelopment Jan 12, 2024 Ayr Town Centre is gearing up for an inspiring transformation as demolition works for the redevelopment of the former Hourstons site are scheduled to commence in May. This development is a crucial part of The Ayr Town Centre Framework, a strategic plan aimed at revitalising the town by focusing on a mix of achievable projects […] Posted by: Mya Driver Read more