Plans for new housing neighbourhood approved at former Inverkip power station Jan 10, 2022 Councillors have approved plans to develop houses on a former power station site. Plans include the development of 650 new homes on the 100-acre cleared site – which will be known as Brueacre Village. A new village centre with retail, community facilities and high-quality open spaces – including a public park and a network of […] Posted by: Mya Driver Read more
Falkirk Growth Deal set to attract £1bn of investment into region Dec 21, 2021 Up to 2,000 jobs and £1bn worth of future investment is expected to result from the signing of the Heads of Terms agreement between UK Government, Scottish Government and Falkirk Council in the Falkirk Growth Deal. The agreement means 11 projects can now use a total of £80m investment from UK and Scottish Governments, £45m […] 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
Henderson Park snaps up Glasgow shopping centre from Hammerson in £140m deal Dec 15, 2021 Henderson Park, the European private equity real estate firm headquartered in London, announces that it has exchanged contracts for the acquisition of Silverburn, a 100,000 sqm flagship shopping centre in Glasgow, U.K., in an off-market transaction from a joint venture between Hammerson and Canada Pension Plan Investment Board for £140 million. This acquisition has been undertaken […] Posted by: Mya Driver Read more
Development consortium unveils vision for 200-acre 7,000 home neighbourhood Dec 2, 2021 New Ingliston Limited has been rebranded as West Town Edinburgh Ltd (WTE) and is now moving forward with its plans for ‘West Town’ following guidelines set out by the proposed Edinburgh City Plan 2030. WTE announced earlier this year that Drum Property Group had made a significant equity investment and taken on a key management and development […] Posted by: Mya Driver Read more
Capital again targets Scottish wind farm assets Apr 16, 2021 Asset management firm Capital Dynamics has bought its second Scottish renewable energy site in as many months from German company Energiekontor AG. Capital has secured a 100% equity stake in the 13MW Sorbie onshore wind project in North Ayrshire, which is due to start operating in the second half of 2022. Building works are expected […] Posted by: Mark Flanagan Read more
Scottish Power collaborates on Glasgow-based green hydrogen production hub Apr 13, 2021 Scottish Power has outlined its vision for a major green hydrogen production hub on the outskirts of Glasgow, which will include the UK’s largest electrolyser. The energy company has submitted a planning application for the 20MW low carbon fuel-producing unit plus a combined solar (40MW) and battery energy storage scheme (50MW) to help power the […] Posted by: Mark Flanagan Read more
Retail asset management specialist to overhaul Scottish shopping centre Apr 9, 2021 Leading retail asset managers Scoop has instructed designers to reconfigure one its major recent acquisitions. Scoop strengthened its presence in Scotland by acquiring The Thistles Shopping Centre in Stirling in December. Providing more than 500,000 sqft pf retail space across 90 units, it is home to several major anchor tenants including Next, Boots and Primark. […] Posted by: Mark Flanagan Read more
Troubled Scottish golf complex development heading back to planners Mar 30, 2021 Plans to create a world-class golf resort at the ‘Home of Golf’ in Scotland have been resurrected. Investment consultants GPH Engineering has notified Fife Council they intend to resubmit a planning application to build a multi-million-pound leisure complex on the outskirts of St Andrews. A previous application, granted in 2017, was given to Canadian firm […] Posted by: Mark Flanagan Read more
Scottish companies encouraged to bid for HS2 contracts Mar 23, 2021 Businesses in Scotland are being encouraged to bid for millions of pounds worth of upcoming contracts supporting the delivery of HS2. The number of businesses north of the border who have so far registered an interest in becoming a potential HS2 supplier is significantly lower than in other parts of the UK. Just 29 Scottish […] Posted by: Mark Flanagan Read more