Scotland
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Capital and Regional buys Blythswood, Glasgow, for £17.1m
Capital and Regional Properties has bought Blythswood retail park, near Glasgow Airport, through Capital and Lanaham Retail Parks for £17.1m. The deal is financed by a Royal Bank of Scotland…
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Clydeport enters industrial property market with £10m backing from Clydesdale Bank
Clydeport is entering the west of Scotland industrial property market with £10m backing from Clydesdale Bank. The quoted Scottish port company has set itself a two year deadline to invest…
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Edge Properties announces £26m rights issue to fund expansion
Edge Properties has announced plans to fund expansion through a £26m rights issue. The funding will be used to acquire two retail investments for £34m and to expand the Forge…
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Virgin plans screen presence
Virgin Cinema is using a doubling of its profits to £34.5m to increase its screen presence. The company confirmed 20 new multiplexes before 2000.
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Scottish offices lag behind retail and industrial, reports Richard Ellis
Offices in Scotland are still lagging behind the country’s industrial and retail sectors, claims the latest Richard Ellis Scottish Monthly Index .
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Tulloch plans 170,000 sq ft distribution scheme at Newbridge, west Edinburgh
Tulloch Developments has submitted outline plans to Edinburgh Council for a series of distribution units totalling 15,793 sq m (170,000 sq ft) on 6.07ha (15 acres) at the Newbridge roundabout…
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HMV set to open flagship store on Princes Street, Edinburgh
HMV is set to boost its presence in Edinburgh with the opening of a flagship store on Princes Street. The retailer has agreed terms with Abbey Life for a new…
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Wiseman to close Scottish Pride Glasgow depot following £4.8m acquisition
Robert Wiseman Dairies is to close Scottish Pride’s depot in Glasgow. Wiseman has just bought the fresh milk business, including seven depots for £4.8m.
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MOD puts 500 acre RAF Edzell in Aberdeenshire on market for £5m
The MOD has instructed Ryden to place the 202.35ha (500 acre) RAF Edzell base in Aberdeenshire, Scotland on the market for £500m.
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Exchange and Edinburgh Park jointly promote Scottish capital at MIPIM
Developers of the Exchange and Edinburgh Park formed a partnership at MIPIM, Cannes, to promote Edinburgh as one of Europe’s biggest property and investment areas.
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Hill Samuel pays £3.05m for retail units in Motherwell, Scotland
Hill Samuel Property Unit Trust has paid Wimpey Developments £3.05m for the long leasehold of five retail units in Motherwell, Scotland.
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Scottish Secretary cuts Perth housing land allocation in Tayside Structure Plan by 25%
Scottish Secretary Michael Forsyth has reduced Perth’s housing land allocation in the Tayside Structure Plan by 25%. Perth and Kinross Council had argued that its allocation could not be implemented…