Commercial

MULTI MILLION POUND TERMINAL BUILDING COMPLETED

The new £1.5million ferry terminal building at Tarbert on the Isle of Harris in the Outer Hebrides opened to the public on Monday. Caledonian Maritime Assets Limited (CMAL), which owns the ferry terminal, led the award- winning harbour redevelopment project. The first phase concluded in February 2022, when a new pier, fendering system, and enlarged

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ENERGY SECTOR RECOVERY LIFTS ABERDEEN OFFICE TAKE UP

Office take-up in Aberdeen rose by 96% last year compared to 2021, buoyed by the sustained high oil price, according to Knight Frank. The independent commercial property consultancy said that office take-up reached 385,583 sq. ft. in the Granite City during 2022, after 81,231 sq. ft. of office space was transacted in the final quarter

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GILSON GRAY EYES GROWTH WITH NEW DUNDEE OFFICE

Gilson Gray, the full-service legal firm, has signalled its commitment to the Tayside region with the opening of a new central office at 2 West Marketgait, Dundee. The move will bring together multiple teams across 4,500 sq. ft. of office space in one of the city’s most iconic business locations, close to the waterfront V&A

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PLANNING APPLICATION FOR STUDENT & COMMERCIAL SCHEME AT JOCK’S LODGE SUBMITTED

A planning application by Alumno Group for high-quality purpose-built student accommodation, including ground floor commercial space at Jock’s Lodge, has been submitted to City of Edinburgh Council. These exciting proposals by the specialist student accommodation provider are located on the corner of Restalrig Road South and London Road.  The development will include 191 student rooms

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SCOTTISH COMMERCIAL PROPERTY MARKET CONTINUED UPWARD TREND IN 2022

Annual investment volumes in Scottish commercial property continued their upward trajectory in 2022, despite macro-economic challenges, according to new analysis from Knight Frank. The independent commercial property consultancy found that £1.66 billion-worth of deals concluded last year, marginally up on the £1.64 billion recorded during 2021 and the highest since 2019’s £2.02 billion. Overseas investors

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VIP TOUR FOR LANDOWNER & DEVELOPER AT MILESTONE SCHOOL

Landowners who contributed to the creation of a flourishing new primary school have been given a VIP tour alongside the wider project’s principal developer. Andrew Bain took his first full tour of Letham Mains Primary School alongside Derek Lawson of Cala Homes (East), which oversaw the creation of the wider 800 home masterplan development that

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STUDENT DEVELOPMENT IN CANONGATE GIVEN GREEN LIGHT

A planning application for a development of high-quality purpose-built student accommodation (PBSA) in Edinburgh’s Canongate has been given the green light following an appeal by property developers to the Scottish Government. Summix (CGE) Developments and S Harrison have been granted permission for the partial demolition of existing buildings and the delivery of PBSA on the

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