Built Environment Networking Blog: Scotland News

Hot Tip: Redevelopment in Glenrothes?

Fife Council’s Rothesay House in Glenrothes is progressing towards demolition, with a recent submission of a “prior notification of demolition” via the planning portal, marking a significant step in the redevelopment of the town centre. Although specific dates for the demolition are not yet scheduled, the planning application indicates a clear path towards the dismantling […]

Posted by: Mya Driver

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HUB and Bridges Fund Management lodge plans for Edinburgh BtR and creative working scheme

The project will provide 205 Build to Rent homes, including 52 affordable homes, as well as creative workspace co-designed with locals and a new publicly accessible courtyard. The proposals for Beaverhall Road will replace an existing warehouse building, with a contemporary scheme that maintains the site’s status as a hub for the local creative community, […]

Posted by: Mya Driver

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Kennedy Wilson acquires landmark Edinburgh office building from PATRIZIA in £80m deal

Global real estate investment company Kennedy Wilson (NYSE: KW) has acquired Waverleygate, a wholly-owned prime office building in Edinburgh, from the real assets investment manager PATRIZIA for $106 million, excluding closing costs. Waverleygate is one of the most prominent office buildings in the heart of Scotland’s capital city and is 97% occupied by national credit-worthy […]

Posted by: Mya Driver

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Lamington Group plans three new net zero room2 hometels in the UK

Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […]

Posted by: Mya Driver

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Landsec plan new £825m urban neighbourhood in Glasgow

Glasgow’s Buchanan Galleries is set to be demolished, making way for a new exciting £825m mixed-use urban neighbourhood. Proposals by Landsec include a transformational development including homes, retail, restaurants and office space. The development company said its vision, developed after conversations with Glasgow City Council, is a response to the disruption facing retail, which has […]

Posted by: Mya Driver

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Largest development Site in Glasgow City Centre launched to market

CBRE appointed by City Property Glasgow (Investments) LLP to market the cleared site at 20 India Street extending to 1.28 acres. It represents a rare development opportunity in thriving area of the city. Global real estate advisor CBRE has announced the launch to market of 20 India Street in Glasgow, representing the largest available development […]

Posted by: Mya Driver

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Leith’s Waterfront Sees Major Redevelopment with £100 Million Ocean Point Project

Leith’s waterfront is set to witness a significant transformation as property developer S Harrison Developments submits a planning application for a residential-led development at Ocean Point 2, valued at approximately £100 million. This initiative is a testament to the ongoing revitalization of the Waterfront area. The proposed development, adjacent to Ocean Point 1, will rejuvenate […]

Posted by: Mya Driver

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Levelling Up Partnerships rolled out in Scotland for first time  

 Dundee has been chosen as the first area in Scotland to benefit from a major tailored regeneration programme designed to support communities across the UK.  The city will receive a £20 million Levelling Up Partnership from the UK Government designed to root out inequalities by attracting investment and increasing opportunities for local people, including by […]

Posted by: David Gilbank

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Lismore’s review highlights positive Scottish investment marketing during 2021

Leading independent property advisory firm, Lismore Real Estate Advisors today released its comprehensive review of the Scottish investment market for the final quarter of 2021 and predictions for 2022. Despite the ups and downs faced during 2021, the Scottish investment market has fared surprisingly well with investment volumes trading at circa £1.345bn, a 24% increase […]

Posted by: Mya Driver

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Lomond Acquires 2000 Property Portfolio in Scotland

Lomond has announced the acquisition of Tay Letting, significantly enlarging its footprint in the Scottish rental market. The deal brings more than 2,000 properties across Glasgow, Edinburgh, and Dundee into Lomond’s portfolio, marking its fourth major acquisition in Scotland within a span of nine months. The newly acquired properties will be integrated into the operations […]

Posted by: Mya Driver

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M Core acquires The Centre Livingston, Scotland

National commercial property and investment companies LCP and Evolve Estates, both part of M Core, have jointly acquired their largest retail centre yet – The Centre, Livingston. The one million square feet retail and leisure destination, located in the centre of the town, just three miles from the M8 and nine miles from Edinburgh Airport, […]

Posted by: Mya Driver

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