Property

HFD ACQUIRES HAMILTON INTERNATIONAL PARK INDUSTRIAL UNIT

HFD, Scotland’s leading commercial property company, has acquired 4 Bell Drive, an industrial building at Hamilton International Park in a deal valued at £4.5 million.  Sold by Wemyss Properties, who refurbished the asset in conjunction with Rankeilour Properties, the 36,055 sq. ft. unit is occupied by Galaxy Insulation and Dry Lining – a specialist in energy efficient […]

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LANDMARK EDINBURGH BUILDING TO BE TRANSFORMED INTO LUXURY HOMES

(L) Simon Cook and (R)Euan Marshall of Square & Crescent inside Royal Meadows development A premium developer is to rejuvenate Edinburgh’s former Royal Hospital for Sick Children, by carefully restoring it into a range of high-quality homes. Square & Crescent has kicked off construction at its Royal Meadows development which will see eight townhouses and

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BRUNTWOOD SECURES A HUNDRED MILLION IN FUNDING FOR EXPANSION PLANS

The joint venture between property giant Bruntwood and Legal & General has secured a £100m boost. Bruntwood SciTech has received the funding through its financing facilities from HSBC UK, Lloyds Bank, NatWest and Santander UK. The money will allow the organisation to continue with its expansion plans “at pace to support the burgeoning demand from

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FINNIESTON APARTMENT DEVELOPMENT GIVEN GREEN LIGHT

Nevis Properties has been given the green light for 59 apartments in Finnieston, Glasgow. The eight-storey development at 131 Minerva Street will house one, two and three-bedroom flats that share a residents’ roof terrace, children’s play area, secure parking and electric vehicle charging units.  The brownfield site currently houses a vacant office building and associated

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A NEW FUNDING DEAL FOR MULTI MILLION POUND APARTMENT SCHEME HAS BEEN AGREED

A US investor has agreed a new funding deal for a £302 million apartment project in Birmingham city centre. Chicago-based Harrison Street, working with its joint venture partners Apache Capital and Warwickshire finance group NFU Mutual, is backing the 722-unit ‘Great Charles Street’ project in the Jewellery Quarter. The project is being built on a

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NEW APPARTMENT BUILDING TO ADDRESS A LACK OF QUALITY RENTAL ACCOMMODATION

Birmingham’s Broad Street has seen an influx of high-rise developments in recent years – and it could soon have another joining the city’s skyline. Developer Regal Property is eyeing a PLOT AT 90-97 Broad Street to house a £150 million 47-storey residential tower with 526 apartments to rent, to be called ‘The Essington’. The site, currently

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ECONOMIC IMPACT FOR THE FIRST YEAR OF LEICESTER DEVELOPMENT REVEALED

New figures suggest Space Park Leicester has generated some £89 million for the economy in its first 12 months. The £100 million development, led by the University of Leicester with backing from the Leicester and Leicestershire Enterprise Partnership and city council builds on the university’s decades of expertise in space research, innovation and education. It

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OFFICE LEASING MARKET IN BIRMINGHAM IS ON THE RISE

Birmingham’s office leasing market grew by 19% in the final six months of 2022, according to new research. The ‘Big Six’ report, which tracks office take-up, vacancy rates and grade A rental growth across Birmingham and five other UK cities, showed 210,300 sq ft was transacted in the final quarter, helping to boost the year’s

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GREEN LIGHT HAS BEEN GIVEN FOR NEW HAYMARKET YARDS DEVELOPMENT

Proposals for the delivery of an exciting mixed-use development at 20 Haymarket Yards have been given the green light by City of Edinburgh Council. The approved planning application, granted subject to conditions, includes the demolition of the low-rise and outdated Elgin House office building, which lies close to Haymarket Station and the tram link and

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