Scotland
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Teledata signs first letting at Taylor Woodrow’s No. 2 Cadogan Square, Glasgow
Taylor Woodrow Property has let No. 2 Cadogan Square – phase one of the redevelopment of the Anderston Centre in Glasgow – almost a year to the day after it…
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First Direct begins building Hamilton call centre next month
First Direct will start building its new telephone call centre at Hamilton, near Glasgow next month. It will consider a second Scottish call centre at Greenock, on the other side…
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Abbey Life to invest around £20m in Scotland in 1997
Abbey Life Assurance Company plans to invest around £20m in Scotland this year after clinching a handful of retail deals last week including the £4.5m purchase of the Howgate shopping…
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Habitat and Next sign up for Buchanan Galleries, Scotland
Habitat and Next have taken the last remaining units at the 55,800 sq m (600,645 sq ft) Buchanan Galleries in Glasgow two years ahead of the scheme’s completion.
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CGI acquires 280,000 sq ft Atlantic Quay, Glasgow for £47.5m
German fund CGI has acquired Atlantic Quay, Glasgow for £47.5m from British Land and America’s Teachers pension fund. Tenants at the 26,012 sq m (280,000 sq ft) office block include…
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Scottish mutuals fear for their independence
After the Pru’s victorious battle for ScotAm, Scotland’s remaining mutuals – Standard Life, Scottish Widows, Scottish Life and Scottish Provident – are on take-over alert.
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Abbey Life pays £4.5m for shops in Falkirk
Abbey Life has paid Falkirk Council about £4.5m for the Howgate Shopping Centre in Falkirk. The deal reflects a 6.7% initial yield.
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Macfarlane to close ACW factory, Aberdeen
Macfarlane Group will close its ACW factory in Aberdeen. It will combine it operations with Daniel Montgomery. Relocation costs are expected to be covered by the sale of the site.
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Scottish Metropolitan report marginal increase in profits
Scottish Metropolitan has announced a marginal increase in six monthly pretax profits to £4.9m from £4.32m. This was partly due to the sale of four investments for £4.84m at an…
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Supply of new offices in Glasgow set to rise, despite fall in take-up
Supply of new offices in Glasgow is set to increase despite a fall in take-up, according to the latest Richard Ellis bulletin.
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Residents hopes boosted in Eigg sale, Hebrides
The German owner of the Hebridean island of Eigg Marlin Eckhard Maruma legally lost control of the proposed sale. This restored hopes that the 68 residents of Eigg will be…
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Bemrose to move Charles Letts diary production from London to Scotland
Bemrose is to move the diary production of its Charles Letts operation from London to Scotland. The company increased pre-tax profits 37% to £23m last year on sales up 31%…