Balfour Beatty secures contracts valued at £43 million to construct two new primary schools in Scotland Jan 31, 2024 Balfour Beatty today announces that it has been appointed by Hub South East to deliver two new primary schools, valued at £43 million, in East Lothian, Scotland. Balfour Beatty will be responsible for the design and construction of the two new primary schools, located in Craighall and Blindwells, which will house state-of-the-art, modern teaching facilities […] Posted by: Mya Driver Read more
Bank investment unlocks development of new country park Jul 18, 2022 A derelict site in the west of Edinburgh is to be made into a multi-purpose country park and leisure facility with £26m backing from the Scottish National Investment Bank. The Wavegarden Scotland redevelopment of the disused Craigpark Quarry near Ratho will see the creation of a 23-hectare leisure and staycation facility with surfing at its heart. The project will […] Posted by: Mya Driver Read more
Beith Street Site in Glasgow West End Set for Major Build to Rent Development Aug 29, 2024 The Beith Street site in Glasgow’s West End is poised to become a prime Build to Rent (BTR) development, following detailed planning consent granted in June 2023. Math Real Estate Partners and Savills are marketing the 2.4-acre freehold site on behalf of KR Developments, with plans to deliver 424 residential units in a mix of […] Posted by: Mya Driver Read more
Blackfinch Property completes £9.7m student development loan Jun 20, 2023 Financing will be used to develop state-of-the-art student accommodation in Aberdeen, Scotland Blackfinch Property, a rapidly growing agile lender to the residential and commercial real estate sectors, has completed a £9.7m development loan facility, with a loan duration of 18 months, which will be used to convert a former hotel into premium student accommodation. The […] Posted by: Mya Driver Read more
Briar Homes Gains £7.3m Support to Boost Scottish Housing Development Apr 12, 2024 Glasgow-based housebuilder Briar Homes has received a substantial financial boost of £7.3 million from the Bank of Scotland and the Housing Growth Partnership (HGP) to further its housing projects across Scotland. This funding is set to kickstart the development of 310 new homes, which includes 66 affordable units, addressing the urgent need for more housing […] Posted by: Mya Driver Read more
Buccleuch Property acquires prime George Street retail asset for £3.325 million Nov 7, 2023 Buccleuch Property has successfully acquired 49 George Street, situated in the heart of Edinburgh’s prime retail and leisure district, from Columbia Threadneedle Investments for a purchase price of £3.325 million. 49 George Street holds a prominent position on the northern side of the street and is in a 100% prime location between Frederick Street and […] Posted by: Mya Driver Read more
Building Boom Expected in Dumfries and Galloway Following New Property Strategy Sep 6, 2023 Recent developments suggest that Dumfries and Galloway could be on the brink of a significant construction boom, following the council’s decision to focus on rejuvenating vacant and derelict land. The council’s recent deliberations on the Vacant and Derelict Land and Property Strategy (VDLPS) have sparked significant interest among property developers and investors. The strategy, which […] Posted by: Mya Driver Read more
Cala Acquires Major Development Site on Glasgow’s Southside Aug 1, 2024 Cala Homes has secured nearly six acres of land on Glasgow’s southside, previously an industrial site, to build over 250 homes. The 5.87-acre plot in Cathcart, once home to ClydeUnion Pumps, was purchased from the US firm Celeros Flow Technology. The new development, named The Foundry, will feature a mix of one, two, and three-bedroom […] Posted by: Mya Driver Read more
Capital & Regional Successfully Closes £25 Million Open Offer for Shopping Centre Acquisition Aug 25, 2023 Capital & Regional PLC, a leading UK-focused REIT specializing in community shopping centres, has announced the successful closure of its Open Offer. Earlier this month, on 10 August, the company had unveiled its plans to acquire The Gyle Shopping Centre. This ambitious acquisition was set to be partially funded by an open offer aiming to […] 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
Capreon invests £37m in Edinburgh for Net Zero Carbon business plan Jan 16, 2023 Capreon announces that it has acquired Edinburgh Quay, a city centre complex of three office buildings in Edinburgh, Scotland, for £36.8 million. The acquisition is the third addition to Capreon’s European smart workplaces portfolio and follows a recent transaction for three buildings in Madrid, Spain. The Edinburgh Quay offices are 92% leased to top tier […] Posted by: Mya Driver Read more
Center Parcs announces plans for its first Scottish resort Nov 5, 2024 Household name holiday operator, Center Parcs has announces its plans to establish its first holiday village in Scotland, marking a significant expansion for the company and a major boost for Scottish tourism. The proposed development will be located just three miles north of Hawick in the scenic Scottish Borders. With an investment estimated between £350 […] Posted by: Deividas Krupstas Read more
