All Scotland articles – Page 4
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News
Rettie & Co launches rural asset management division
Edinburgh-based full-service property firm Rettie & Co has united its rural, estate, and farm services arms in a new rural asset management division.
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News
Capital & Regional raises £25m for The Gyle Shopping Centre acquisition
Capital & Regional, the UK-focused REIT with a portfolio of in-town community shopping centres, has raised £25m through an open offer of shares to part fund the acquisition of The Gyle Shopping Centre.
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News
Urbanite secures £19m finance facility for Glasgow PBSA scheme
Purpose-built student accommodation (PBSA) developer Urbanite Living has secured an £18.85m finance facility from Paragon Bank for a student accommodation scheme in Glasgow.
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News
Mercure Glasgow acquired by S Hotels & Resorts for £7.5m
S Hotels & Resorts has bought the freehold of Mercure Glasgow City Hotel on Ingram Street from Alternative Income REIT for £7.5m.
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News
European investor pays £30m for prime Edinburgh office and retail block
French investor Remake Asset Management has bought a prime office and retail block on Princes Street in Edinburgh for £29.525m from Redevco.
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News
Micheldever Group signs 15-year lease at Connect-70 in North Lanarkshire
Tyre wholesaler Micheldever Group has signed an undisclosed deal on a 15-year lease at Connect-70 in Bellshill, North Lanarkshire, Scotland.
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News
Stewart Milne sees strong return to profits
Scottish housebuilder Stewart Milne Group has delivered pre-tax profits of £16.5m for its financial year ending 31 October 2022, representing its best results for almost a decade.
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Markets
Regional focus: Scotland
While a few key schemes are under way, some of Scotland’s main markets are suffering from a lack of supply and investment. Property Week reports.
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News
Lack of Grade A office space in Scottish cities drives refit boom
JLL research suggests a shortage of attractive office is driving an uptick in refits as landlords seek to create sustainable, high-quality amenities to attract tenants.
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Online
Henderson Park buys iconic Edinburgh hotel ‘The Caley’ for rumoured £85m
Investment group Henderson Park has acquired one of Edinburgh’s most famous hotels, the Waldorf Astoria Edinburgh - The Caledonian.
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News
NewRiver disposes of the Napier JV’s remaining retail parks for £63m
Regional shopping centre group NewRiver REIT has completed the disposal of Kittybrewster Retail Park in Aberdeen and Glendoe and Telford Retail Parks in Inverness for £62.6m to RI UK 1 Limited.
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News
Scottish shopping centre sold out of administration
A Scottish shopping centre has been sold out of administration as a going concern to a joint venture between Belgate Estates and Tracey Investmtents.
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Online
OakNorth lends £22m to for Hilton hotel at Edinburgh Airport
OakNorth Bank has agreed a £22m loan to Ability Hotels to fund the extension of a hotel at Edinburgh Airport.
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Online
New Amsterdam Invest acquires brace of Glasgow offices
New Amsterdam Invest NV has spent £18m on the purchase of two office buildings in Glasgow, marking two of the biggest deals in the city so far in 2023.
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News
Pair of Edinburgh offices sell for £40m
Prominent Edinburgh office buildings Caledonian Exchange and 7 Castle Street have changed hands for a combined figure of nearly £40m in two separate deals, marking a pick-up in investor interest in the city’s core-plus office assets.
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News
US firm bags pair of Capreon retail parks for £175m
Capreon has sold a pair of retail parks in Bristol and Fife to US-based Realty Income Corporation in a £175m deal.
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News
Experts slam rent cap extension in Scotland
Estate agents say government measure will cause further investment slowdown
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News
Scottish rent cap extension slammed by industry
Rental market experts have criticised the Scottish government’s decision to extend rent caps for private landlords by a further six months.
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News
Seven developers sign Scotland’s cladding pledge
Barratt Developments has become the first of seven major housebuilders in the UK to commit to the Scottish government’s pledge to fix unsafe cladding in buildings of 11m and above.
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News
Sovereign Centros wins outline approval to revamp Glasgow’s St Enoch centre
Property developer and asset manager Sovereign Centros has secured outline planning approval to redevelop The St Enoch Centre in Glasgow as a mixed-use scheme including offices, cultural space, a hotel and housing.