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Scotland

Welcome to Scotland's property coverage at PropertyWeek.com, bringing you all the latest news and views from Edinburgh, Glasgow and the rest of the country.

Quartermile development, Edinburgh

Exemplar’s Edinburgh escapade: London developer to buy Quartermile scheme

27 January 2012

Exemplar Properties is to buy Edinburgh’s most prestigious development site, in a dramatic entry on to Scotland’s large-scale development scene.

Abercrombie Court, Aberdeen

North Sea oil company relocates Aberdeen HQ

26 January 2012

A North Sea oil exploration company has taken a headquarters building at Gladman Developments’ Abercrombie Court scheme in Aberdeen.

Peacock

Peacocks collapses into administration

18 January 2012

Administrators have today been appointed to The Peacock Group in what is one of the biggest retailing collapses since Woolworths went into administration in 2008.

Edinburgh Castle

Lambert Smith Hampton set for big Edinburgh win

13 January 2012

City of Edinburgh Council is considering a large outsource of facilities and property management to Lambert Smith Hampton, as part of a wider partnership with outsourcing firm MITIE.

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Co-Op buys 30-store Scottish supermarket chain

11 January 2012

The Co-operative Group has bought a chain of nearly 30 Scottish supermarkets and reported “encouragingly good” festive sales figures, TheBusinessDesk.com reported today.

Alan Brown

Cala extends debt facility with Lloyds

11 January 2012

Housebuilder Cala Group has extended its debt facility with Lloyds Banking Group until the end of 2014.

Scottish Power

Glasgow site powers up: Scottish Power drops 220 Broomielaw from HQ plan

06 January 2012

Scottish Power is eyeing the former Elphinstone Tower site for its new Glasgow headquarters, after abandoning talks to buy a plot on the River Clyde.

Almondvale, Livingston

Henderson's last-minute spending spree

06 January 2012

Henderson Global Investors sealed close to £60m in retail deals during the final months of 2011, including the £31.9m purchase of Almondvale Retail Park, in Livingston (pictured).

Caltongate

South African consortium confirmed to take Caltongate forward

15 December 2011

A South African consortium has been confirmed as the next party to take over the problematic Caltongate site in Edinburgh, as revealed by PropertyWeek.com earlier this month.

Edinburgh council to secure 45,000 sq ft letting

8 December 2011

A stock broking company has placed 45,000 sq ft of space at the Edinburgh International Conference Centre extension under offer.

Aberdeen

Aberdeen spending spree for Knight with RBS funds

1 December 2011

Royal Bank of Scotland has given Aberdeen-based developer Knight Property Group a £45m debt package.

Edinburgh council outbids developers

11 November 2011

Edinburgh City Council has emerged as the preferred bidder to buy a site near the Scottish capital’s city centre that was earmarked by HBOS for its global headquarters.

City Park, Glasgow

Rock ousted from Glasgow scheme

8 December 2011

Rock Asset Management has been ousted as asset manager of the City Park office property in Glasgow which it bought at the height of the property boom.

Edinburgh's Caltongate baton passed to South African consortium

2 December 2011

A group of little-known South African investors and developers is preparing to develop the problematic £300m Caltongate scheme in Edinburgh city centre, after buying it out of administration.

Straiton Retail Park, Edinburgh

Orchard Street buys £24.5m Edinburgh retail park

29 November 2011

Orchard Street Investment Management has bought an Edinburgh retail park for £24.5m.

Scottish & Newcastle Site, Fountainbridge

Edinburgh council wins race for HBOS global HQ site

10 November 2011

It was once earmarked for a grand new headquarters for unstoppable banking giant HBOS. But now, the local council is to buy Edinburgh’s 12 acre Fountainbridge site near the city centre in order to relocate a dilapidated school.

BNP Paribas Real Estate: Scottish Office Market - Winter 2011 Review

BNP Paribas Real Estate: Scottish Office Market - Winter 2011 Review

23 February 2011

Although still tough, 2010 was an improved year for the Scottish economy, as it continued its emergence from the deepest recession in decades.

Ryden's 67th Scottish Property Review: October 2010

Ryden's 67th Scottish Property Review: October 2010

26 November 2010

“Demand for office property has edged upwards during 2010. The industrial market is performing well, although occupier demand is mainly latentfor larger properties. The retail sector continues to be weak except for superstores and new shopping centres.

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Yoga, pilates, spinning ... secondary pricing will need a workout of its own

03 February 2012

The main thing is that you have to keep responding to change.

INTELLIGENCE: Derivative Values

27 January 2012

Take notes of property-linked variety this year

Harbingers of Gloom: ULI/PWC Emerging Trends report

27 January 2012

The Urban Land Institute and PWC’s Emerging Trends report, published today, foretells of a depressing year ahead. Co-author Lucy Scott reports

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