ScottishNews.com

Property

Rettie & Co’s Investment team secures sale of £7.25m residential portfolio

Published 11 months ago

Rettie & Co’s Investment team has sold a 76-unit, £7.25 million residential portfolio in the Central Belt of Scotland to a local buyer on behalf of Picture Living Investments.

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Work begins on George Street office ‘defurbishment’ project

Published 11 months ago

Work has begun on a major project at a well-known George Street building which will deliver the first ‘defurbished’ office space on one of Edinburgh’s main thoroughfares.

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In Pictures: First look inside redeveloped historic Steiner School

Published 11 months ago

A three-bedroom penthouse apartment that forms part of the New Steiner development and boasts the “best views” of Glasgow has now been completed.

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JLL promotes Fraser Blackwood to director of planning, energy & infrastructure

Published 11 months ago

JLL has appointed Fraser Blackwood as a director in its planning energy & infrastructure team.

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Edinburgh’s Filmhouse building sells for £2.65 million

Published 1 year ago

Administrators have sold the former Edinburgh Filmhouse building for £2.65 million to an unnamed buyer.

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Argyll’s Glen Shira Forest hits market at £29m amid high demand for timber investments

Published 1 year ago

Glen Shira Forest, a 2,200-hectare commercial conifer forest overlooking Loch Fyne in Argyll, has been brought to market for over £29 million.

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Small uptick in average price of Scottish property

Published 1 year ago

The average price of a Scottish property in February 2023 was £180,287, an increase of 1% on February 2022, the latest provisional statistics from the UK HPI show.

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Edinburgh office vacancy rates drop as demand for outstrips supply

Published 1 year ago

Edinburgh’s office market has experienced a robust beginning to the year, driven primarily by the technology, media, and telecommunications (TMT) sector, despite facing significant macro-economic challenges, according to recent analysis from Knight Frank.

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Billionaire family expands empire with Bon Accord shopping centre purchase

Published 1 year ago

Zakir Issa, a sibling of the billionaire Issa brothers who own Asda, has acquired the Bon Accord shopping centre in Aberdeen through EP Properties for a sum believed to be less than £10 million.

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Oxygen Conservation expands conservation efforts with £20m loan and 23,000 acres in Scotland

Published 1 year ago

Oxygen Conservation, a company committed to tackling climate change and the biodiversity crisis, has acquired 23,000 acres in Scotland with the support of a £20.55 million loan facility from Triodos Bank UK.

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Prime city centre offices attract investors amid limited supply in Scottish market

Published 1 year ago

Independent property advisory firm, Lismore Real Estate Advisors, recently published its review of the Scottish investment market for Q1 2023, and has predicted growing interest in prime city centre offices, especially in cities with limited supply such as Edinburgh.

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Forrit secures £5 million from Scottish National Investment Bank

Published 1 year ago

Scottish native cloud platform specialist, Forrit, has received a £5 million funding boost from the Scottish National Investment Bank.

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International investors poised to strike in Scotland

Published 1 year ago

International investors are prepared to play the longer game when it comes to property purchases in Scotland, according to Lindsays partners Derek Nash and John Bett, who have said there remains “definite” interest from potential overseas buyers in the Scottish market.

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Joint venture to tackle housing challenges with £390m investment in sustainable homes

Published 1 year ago

Housing Growth Partnership and PfP Capital have announced a £390 million joint venture (JV) which will see 400 sustainable new homes built at a former Diageo distillery in Glasgow.

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HFD acquires Hamilton International Park industrial unit in £4.5m deal

Published 1 year ago

Commercial property company HFD, has acquired 4 Bell Drive — an industrial building at Hamilton International Park — in a deal valued at £4.5 million.

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