Scotland’s investment market in Q2 2023, characterised by a downturn of 35% on 2023 figures but still 6% above the five-year average, has witnessed a significant number of retail deals despite macroeconomic uncertainties, according to a review by Lismore Real Estate Advisors.
Characterised as “more complicated and expensive”, Scotland’s housing market is predicted to see sales decrease by around 15% over the year and average house prices expected to drop by 5%, according to Rettie & Co.’s Summer Briefing Report.
A community consultation has been launched regarding the development of a new residential project slated for French Street/Carstairs Street, located in the south Dalmarnock area of Glasgow.
The Albyn Housing Society, in partnership with Lairg and District Community Initiatives (LDCI), has unveiled plans for a £2.3 million rural housing project in Lairg, Sutherland.
Canmoor has secured planning consent from Renfrewshire Council to develop 300,000 sq ft of brand new speculative space on a 13-acre site at Westway, next to Glasgow Airport.
Highland property investment and development company Ark Estates has procured an industrial site for redevelopment in Invergordon on the Cromarty Firth.
Television presenter and award-winning designer Anna Campbell-Jones will be the star guest at this year’s Green Home Festival, which starts in 50 days as part of the official Edinburgh Festival Fringe.
George Street in Edinburgh is set to welcome a hospitality newcomer later this year as RÌGH Properties announced the arrival of its new serviced apartments development.
The Old Train House – a Victorian renovation in Edinburgh which was once a train station – has been crowned the winner of 2023’s Scotland’s Home of the Year in the finale of the BBC Scotland series, filmed at Glasgow’s House For An Art Lover.
Ken Pattullo and Kenny Craig of Begbies Traynor have taken the helm as joint provisional liquidators of Dundee-based property development firm, Alicydon Limited, after it fell into provisional liquidation on 20 June 2023.