Drum Property Group

Drum Property Group hails successful year as profits reach £1.4m

Aberdeen-based Drum Property Group has posted a £1.4 million profit for the 12 months to December 31 2020.

Published 7 October 2021

Work begins on 500-room hotel at Glasgow's Candleriggs Square

The start of construction on what will become Scotland’s largest hotel was marked on Friday by a ground-breaking ceremony at Candleriggs Square in the heart of Glasgow’s historic Merchant City, heralding the £300 million transformation of one of the city’s most prominent development sites.

Published 13 September 2021

Drum gets long-awaited green light for Leith Walk proposals

A long-running planning saga regarding the redevelopment of a key development site on Leith Walk looks set for a successful conclusion for Drum Property Group.

Published 2 June 2021

Preparatory works begin at Glasgow’s £300m Candleriggs Square development

Drum Property Group’s £300 million Candleriggs Square regeneration in Glasgow’s Merchant City has taken a significant step forward as preparatory on-site works begin for The Student Hotel’s first complex in the UK. 

Published 18 May 2021

Drum Property Group takes equity and management role in New Ingliston Limited 

A new structure is in place to progress a "transformational development" for West Edinburgh as Drum Property Group has taken an equity and management position in New Ingliston Limited, the development company led by Sir Bill Gammell. 

Published 20 April 2021

Drum Property Group returns with 146-apartment plan for Leith Walk site 

Drum Property Group has submitted a new planning application to the City of Edinburgh Council for the redevelopment of the 2.9-acre Stead’s Place site near the foot of Leith Walk in Edinburgh.

Published 18 December 2020

Barclays gains planning permission for 'missing piece' of Glasgow campus

Plans by Barclays to convert the B-listed Beco building at its Tradeston site into a new branch and offices have been granted approval.

Published 15 December 2020

Funding for bridge and public realm works in Tradeston

Glasgow City Council has approved funding of £1.2 million to deliver improvements to Tradeston Bridge and the public realm at Tradeston.

Published 4 December 2020

£81.5m deal signed to bring 346 Build-to-Rent apartments to Glasgow’s Candleriggs Square 

Candleriggs Development 2 Limited, the joint venture between Drum Property Group and Stamford Property Investments, has agreed an £81.5 million deal with Legal & General to deliver a major 346-apartment Build-to-Rent (BTR) scheme at Candleriggs Square in Glasgow. 

Published 30 September 2020

Drum Property Group advances Buchanan Wharf masterplan with detailed office plans

Drum Property Group has submitted detailed plans for a high-profile office building at its mixed-use riverside campus in Glasgow.

Published 13 July 2020

Barclays drops 'Buchanan' name from River Clyde development over slavery links

Barclays has confirmed that it will drop the 'Buchanan' name from its major River Clyde development in Glasgow over concerns with its connection to the slave trade.

Published 9 June 2020

Green light for £300m Candleriggs Quarter masterplan

A masterplan for the mixed-use transformation of Candleriggs Quarter in Glasgow’s Merchant City has gained planning approval.

Published 15 May 2020

Caledonian Trust drops price for Meadowbank student accommodation site by £3.5m

Caledonian Trust has agreed to reduce the sale price for a proposed Meadowbank student accommodation site in Edinburgh to Drum Property Group by £3.5 million after a potential pre-let tenant dropped its interest in the project.

Published 22 April 2020

Drum returns with third attempt at Leith Walk site

Drum Property Group has submitted new plans for the redevelopment of the 2.9-acre Stead’s Place site near the foot of Leith Walk, the firm’s third attempt at the project.

Published 6 April 2020

Drum Property Group named Property Company of the Year

Drum Property Group has once again scooped the ultimate accolade at this year’s Scottish Property Awards, winning the coveted Property Company of the Year award for the second year running.

Published 21 February 2020