News

Insurance giant Legal & General has entered into a 15-year joint venture partnership with NatWest Pension Trust Limited (NWPTL) the defined benefit pension scheme of NatWest Group, to build a £4 billion portfolio of retirement homes with net-zero carbon emissions. The two firms are investi

A revised agreement has been signed by Fife Council and the Fife Housing Association Alliance (FHAA) regarding the delivery of the Fife Affordable Housing Programme. Committing the partners to adopt a collaborative approach to work with private developers to deliver the Section 75 Agreement for

North Lanarkshire Council leader Councillor Jim Logue visited one of the council’s latest new housing developments to check progress on the council's vision to redesign and repopulate its town centres.

Staycationers can tick one off their bucket list this summer as KFC plans to open a pop-up fried chicken hotel in London.

Drinks company Diageo has applied for planning permission to build a solar energy farm alongside its packaging plant at Leven. Subject to consent by Fife Council, the plans would see 12,000 solar panels capable of producing 4MW of electricity installed on vacant land at the 150-acre plant, which pro

Wood-based materials manufacturer Egger (UK) Limited has been fined after a self-employed lorry driver was killed making a routine delivery of recycled wood. Ayr Sheriff Court heard that on 3 October 2017, whilst standing on open ground at the rear of the trailer of his articulated vehicle, the driv

Holmes Miller and Kelvin Properties are hoping to build on their burgeoning relationship with a proposed ultra-low carbon residential block in Finnieston.

Balfour Beatty has joined hub South East Scotland Ltd's supply chain as a third Tier 1 Construction Contractor alongside Morrison and BAM Construction. hub South East has successfully delivered more than 80 new or refurbished facilities for public sector clients in the Lothians and Borders as w

Paragon Development Finance, introduced by Melrose Commercial Finance Ltd, has agreed to provide a £4.5 million funding package to Nixon Blue to support the development of 34 new apartments overlooking Paisley’s iconic Abbey. 

Pre-tax profits at Morgan Sindall have shot up by 286% on the first half of Covid-hit 2020 but also 46% up on H1 2019’s figure, the group revealed today. The property business reported pre-tax profit of £53.1 million, with turnover up to £1,559m from £1,363m last time an

Taylor Wimpey said today it expects to deliver an operating profit of £820 million after the housebuilder posted a record first half performance and strong operating profit margin. Group completions of 7,303 homes (H1 2020: 2,771) excluding joint ventures, completed a record first half perform

John Rodger, partner and property specialist at accountants Chiene + Tait, discusses the potential consequences of the new Residential Property Developer Tax (RPDT). As the inquiry into the 2017 Grenfell fire continues, so too do financial repercussions from the tragedy which left 72 people dead.

Independent builders merchant MKM Building Supplies is further expanding its presence in Scotland with the purchase of Spey Valley Timber & Builders Merchants.

A turf cutting ceremony was held at Inverness Campus this week as Robertson Construction Northern started work on a new £9 million life sciences innovation centre. Designed by Austin-Smith: Lord, the 2500m² building will provide facilities for businesses to work collaboratively with acade

A UK renewable energy company has unveiled major expansion plans into Scotland, which will see it open an office in Glasgow and create up to 20 highly skilled jobs over the next 12 months.