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A FLAGSHIP Glasgow workplace improvement has been offered in a deal price round £215 million.
HFD Group, the Scottish property improvement firm, has offloaded town’s largest single workplace at 177 Bothwell Road to Spanish funding agency Pontegadea, it was reported this week.
The deal, which alerts a significant vote of confidence within the Scottish workplace market, comes shortly earlier than work is accomplished on the 315,000 sq. foot improvement, the place HFD has pre-let house to blue chip tenants Virgin Cash, BNP Paribas, AECOM, CBRE, and Transport Scotland.
The turbine corridor on the Cruachan pumped storage hydro plant in Argyll Image: Drax
ENERGY large Drax has underlined the worth of its ‘hole mountain’ power storage facility in Argyll amid the fallout from the battle in Ukraine.
Drax mentioned the Cruachan pumped storage facility together with hydro schemes on Scottish rivers had continued to play an necessary function in making certain the safety of power provides in current weeks.
The fund supervisor mentioned its Circularity European Progress Fund II had attracted blue-chip institutional buyers
AN Edinburgh-based asset supervisor has declared it has raised “the most important specialist round financial system non-public fairness fund throughout the globe”.
Circularity Capital, which describes itself as a “round financial system progress investor”, has introduced the oversubscribed remaining shut of its second fund at €215 million (£181m) – noting this implies its newest car is thrice the dimensions of its £60m debut fund closed in 2018.
Kenny Blair, managing director of Buzzworks
AYRSHIRE’S Buzzworks Holdings has expanded its East Coast presence with the acquisition of three new venues.
The impartial bar and restaurant operator has taken over the operations of Herringbone which incorporates websites in North Berwick, Edinburgh’s Goldenacre, and a 3rd quickly to open in Royal Terrace Gardens in Edinburgh.
The agent mentioned it’s an ‘wonderful alternative to lease a brand new resort improvement which requires minimal upfront capital, in a picturesque Scottish coastal city’.
A NEW resort alternative within the north of Scotland for £10,000 has been introduced by specialist enterprise property adviser Christie & Co.
The agency has been instructed to promote a vacant resort improvement on Mid Road, Fraserburgh, on a leasehold foundation.
Perception, evaluation, opinion
Kristy Dorsey: Funding increase for one among Scotland’s “most enjoyable” new medical expertise firms
Scott Wright: Will inflation disaster pose risk to metropolis centre revival?
Ian McConnell on Wednesday: Futile hankering by Brexiters after long-lost British Empire however numbers inform actual story
Mark Williamson: North Sea believers are being vindicated amid Ukraine battle fallout
Ian McConnell on Friday: Tory innovation thought laughable in face of cost-of-living disaster – attempt widespread sense
Brian Donnelly: Brexit architect lambasted over £1bn border checks blunder
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