The rising cost of debt finance and the impact on appetite to buy were top of the agenda at Savills 34th annual Financing Property presentation, launched in Edinburgh this month. Savills noted that the rising debt cost comes at a point in the property cycle when yields are historically low, meaning
News
Multi-disciplinary engineering consultancy Harley Haddow is flying the flag for encouraging women into the industry at all levels ahead of International Women in Engineering Day tomorrow. More than 5.5 million people in the UK are employed in the engineering and manufacturing sector, yet o
Boutique hotel brand Resident Hotels has secured a £22 million loan with NatWest for the development of its first Edinburgh location.
Real estate advisor CBRE has unveiled two new appointments for its Aberdeen office. Dominic Millar has joined both the advisory and transactions and rating teams, and Lewis McManus joins the UK project management and building consultancy team.
Planning permission has now been granted for a new active travel route that will connect the National Cycle Network in Inverness between Cradlehall Business Park and Inverness Campus. The works will involve upgrading the current earth-beaten track into a wider, tarmac-surfaced route for active trave
Building, infrastructure, engineering and fit-out company Tilbury Douglas began work on the refurbishment of Network Rail’s Houston Street offices in Glasgow this month. The industrial warehouse with ancillary office accommodation is spread across two floors. The project will include the
Major capital projects and programmes in Aberdeen are to be reviewed and reprofiled with a risk of being potentially delayed due to external factors in the construction trade’s supply chain, a committee unanimously agreed yesterday. A report is to be brought back to Aberdeen City Council&rsquo
Works to improve roads, pavements, bridges, streetlights, flooding measures, and encouraging more people to walk and cycle around Aberdeen were yesterday unanimously approved at committee. The members of Aberdeen City Council’s city growth and resources committee agreed to the move which inclu
Persimmon Homes West Scotland has been granted planning permission to build 24 homes in north east Glasgow. The application called for the erection of terraced, semi-detached and detached timber frame properties between two and two-and-a-half storeys high on land between Gartloch Road and Findochty
Construction, development and property services company the Wates Group has launched a new brand which it said will signal its commitment to net zero carbon and support those facing fuel poverty from unprecedented rising energy costs. The launch of Wates Retrofit comes two years after Wates Living S
MIXED USE and NON-RESIDENTIAL Applicant: Drum Real Estate Investment Ltd & Kingswellies Nursery
Springfield Properties has today confirmed a deal to acquire the Scottish housebuilding business of Mactaggart & Mickel Group Ltd. Delivering housing for almost 100 years, family-owned Mactaggart & Mickel’s housebuilding division includes six live development sites and 11 future p
Plans for the world’s first true floating island city could become reality in the Maldives. Architects at Waterstudio, working in cooperation with Netherlands-based Dutch Docklands and the Government of The Maldives, believe they have found a modern, scalable, commercially-viabl
Lighthouse Club CEO Bill Hill has spoken to Scottish Construction Now in light of an article in the Daily Mail that suggested construction workers have gone 'woke' due to a change in their lifestyles far removed from the outdated stereotype. In a poll of 2,000 builders, three-quarters said they regu
Dollar Academy has unveiled plans to build a Futures Institute, which will provide a physical home for its pioneering educational programme and deliver the country’s first Living Building accredited structure. The Futures Institute has been designed by international architecture practice