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
Church of Scotland churches could go up for sale Sep 8, 2023 The Church of Scotland is undergoing a comprehensive review of its property portfolio, prompted by financial challenges and a decline in congregations. This review has identified several churches across Sutherland for potential sale, highlighting the inherent value in these historic properties. Among the churches earmarked for sale is St Callan’s in Rogart, a category B […] Posted by: Mya Driver Read more
Claymore Homes submits plans for 800 new homes project Apr 8, 2022 Housebuilder Claymore Homes has submitted plans to Aberdeenshire Council to build 800 homes, a new primary school and community facilities at South Ugie. An application for planning permission in principle has been submitted after several consultation events with stakeholders and residents. Halliday Fraser Munro is providing professional architecture and planning consultancy services to Claymore as […] Posted by: Leon Newton Read more
Clyde Metro Project Embarks on £15 Billion Development Nov 27, 2023 The Clyde Metro transport initiative embarks on a new phase, marking a significant investment opportunity in Glasgow’s public transportation landscape. With Strathclyde Partnership for Transport (SPT) spearheading the Case for Investment, the project is poised to revolutionise travel across the region. SPT’s commitment to this project involves detailed planning for potential routes, focusing on integrating […] Posted by: Mya Driver Read more
Council to invest over £18 million in housing across Stirling Feb 21, 2023 Stirling Council will invest more than £18m in housing across its communities during 2023-24. Around £8m has been earmarked for delivering 75 homes, 45 of which will be new, as part of the Housing Capital Investment Programme. This will be supported by £4.2m in grant funding from the Scottish Government. A total of £1.5m will […] Posted by: Mya Driver Read more
Custodian REIT sells industrial unit at 12% ahead of June valuation Nov 8, 2022 Custodian REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of an industrial unit in Kilmarnock at auction for £1.4 million at a 12% premium to its 30 June 2022 valuation. The environmental credentials of […] Posted by: Mya Driver Read more
Dalata Hotel Group Bolsters UK Presence with £12.5M Edinburgh Development Site Acquisition Oct 5, 2023 Dalata Hotel Group, based in Ireland, has expanded its UK portfolio by securing a prime development site in Edinburgh for £12.5 million. This acquisition from Aviva Life & Pensions UK Ltd. underscores Dalata’s commitment to growing its footprint in the UK. Located in the heart of the city, overlooking St. Andrew’s Square, the site currently […] 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
Development Opportunity in Ayr’s Town Centre Dec 1, 2023 A promising development opportunity is emerging in Ayr’s town centre, and it’s worth keeping an eye on. The Ayr Town Centre Framework plan is about to enter an eight-week public consultation phase, offering potential investors and developers a chance to explore this transformative project. Councillor Alec Clark, tourism portfolio holder for South Ayrshire Council, expresses […] Posted by: Mya Driver Read more
DM Hall invites offers for the 36-acre former Marshall Works in Carluke, South Lanarkshire Oct 4, 2023 Leading Scottish independent firm of chartered surveyors DM Hall is inviting offers for the freehold interest of the former Marshall Works manufacturing site near Carluke, South Lanarkshire. This site, which was used as a concrete manufacturing plant for many years but was recently closed following a management review, extends to approximately 36 acres with several […] Posted by: Mya Driver Read more
