Edinburgh landmark building up for sale Sep 29, 2023 The former Debenhams department store on Edinburgh’s Princes Street, a prime location in the city, is now on the market. The decision comes after Legal & General, the current owner, abandoned their ambitious plans of investing over £50 million to transform the site into a luxury boutique hotel. JLL, a property consultancy, is spearheading the […] Posted by: Mya Driver Read more
Edinburgh plans to build three Modern Schools Aug 31, 2023 Edinburgh is gearing up to establish three state-of-the-art educational institutions. To accommodate the growing populace, especially from new residential projects in the city’s west, a fresh primary and secondary school will be erected. Additionally, an older primary school, currently in a deteriorating state, is slated for replacement. These initiatives had previously faced postponements due to […] Posted by: Mya Driver Read more
Edinburgh Scottish Widows building to undergo £100M major redevelopment Oct 3, 2022 The redevelopment of the former Scottish Widows headquarters is on the horizon after a planning application was lodged for a £100 million redevelopment of the site. Under the proposals, five of the famous 12 bronze glazed, hexagonal blocks which make up the building on Dalkeith Road would be demolished along with the large underground car […] Posted by: Mya Driver Read more
Edinburgh Welcomes Development Opportunities with New Flat Proposals Sep 7, 2023 Edinburgh is set to witness a transformative urban rejuvenation as plans are rolled out for the construction of new residential flats. These flats are strategically aimed at replacing the long-abandoned industrial yards and garages that currently occupy a prime location adjacent to the city’s bustling Gorgie Road. The detailed proposal envisions the transformation of these […] Posted by: Mya Driver Read more
Edinburgh’s Housing Horizon Expands with Over £1 Billion Development by Summix Feb 28, 2024 Regeneration company Summix has secured a 15.5-acre site in west Edinburgh, previously utilised by Spanish paper and cardboard company Saica, heralding a significant move towards addressing the housing needs within the city. This acquisition is in line with Edinburgh’s City Plan 2030, which highlights the Maybury site’s potential for the development of over 1,000 new […] Posted by: Mya Driver Read more
Edinburgh’s Ocean Terminal Set for Transformative £250m Redevelopment Jan 11, 2024 Edinburgh City Council has recently greenlit a substantial £250 million redevelopment project for the Ocean Terminal shopping centre in Leith’s waterfront area. This decision follows a detailed planning and consultation process that began in 2020, involving the local community in shaping the future of the area. The first phase of the redevelopment, which includes the […] Posted by: Mya Driver Read more
Edinburgh’s Prime Residential Site on Sale with £65m Development Potential Sep 5, 2023 A prime residential development site in Leith, Edinburgh, with the potential to house nearly 250 units, has been listed for sale. The site, known as The Glassworks, spans 3.46 acres and boasts a potential gross development value of up to £65 million. It has already secured planning permission, allowing for the construction of 247 residential […] Posted by: Mya Driver Read more
Europa acquires Dandara’s newly developed 342-unit BTR scheme Oct 30, 2024 Europa, a pioneer in pan-European real estate investment, announces that it has completed the acquisition of a 342-unit, newly developed build-to-rent (“BTR”) scheme, Granary Quay, in Glasgow, Scotland, from the Dandara Group, one of the UK’s leading residential developers and operators. Located in Glasgow’s West End, Granary Quay, which comprises a mix of studio, 1-bed […] 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
Firethorn Trust secures £29.95m Leumi UK financing for Edinburgh PBSA development Dec 19, 2024 Commercial real estate investor, developer and asset manager, Firethorn Trust, has secured a £29.95million debt package from Leumi UK to deliver its first purpose-built student accommodation (PBSA) scheme. The financing will support the delivery of a 230-bed PBSA project in Leith, Edinburgh, which Firethorn acquired in February 2024. Forming part of the Leith Walk redevelopment […] Posted by: Mya Driver Read more
First World Hybrid Real Estate snaps up suburban retail park in £12m deal Feb 8, 2022 FWHRE, an Isle of Man Regulated Fund, listed on The International Stock Exchange (TISE), has completed the acquisition of units 1A and 1B, West Retail Park in the affluent residential suburb of Milngavie, just north of Glasgow. The two units are let to Aldi and Home Bargains until June 2039 and June 2034 respectively. The […] Posted by: Mya Driver Read more
Former Leith bingo hall to be redeveloped Jan 10, 2024 Members of the public are being invited to offer feedback on plans to redevelop the bingo hall located on Leith’s Manderston Steet in Edinburgh. (current image and CGI of proposed development attached). Developer Longstone (2) Limited has unveiled plans to conserve and redevelop the existing building into new student homes. This is in response to […] Posted by: Mya Driver Read more
