A former Aberdeen hotel is to be developed into student accommodation following the completion of a £9.7 million development loan facility. The site was formerly a Hilton Hotel that ceased trading in early 2020. As such, only minimal work is necessary to achieve the conversion to stu
Property
A five-bedroom property on The Scores, one of the most sought-after streets in St. Andrews, has been brought to market by Savills with offers starting at £4 million. The historical property at 18 The Scores has undergone a remarkable transformation into an impressive contemporary home.
The Scottish housing market continues to demonstrate strong resilience amidst increasing prices, as revealed by the latest data from Walker Fraser Steele. The average house price in Scotland experienced a surge of 0.7% in April, reaching £221,267. This figure represents a £1,600 increase
Savills is marketing Dunbeath Estate and Castle for offers over £25 million.
Scotland's housing market activity has continued to experience a slowdown in May, with indicators suggesting that potential increases in interest rates might further pressure the market, according to the recent Residential Market Survey by the Royal Institution of Chartered Surveyors (RICS). As was
New research from CBRE has identified Edinburgh and Glasgow amongst the UK’s highest growth cities across multiple real estate sectors over the next ten years
First-time buyers in Scotland paid less for a deposit in Q1 than the last three months of 2022, according to new data from TSB.
Estate and letting firm DJ Alexander has achieved £15 million in property sales in May, recording its highest-ever sales figure in a single month. As part of the national Lomond Group, the firm stands at the forefront of the booming Scottish property market.
The commercial real estate market in Scotland started 2023 on a sluggish note, with only £250 million worth of transactions, a sharp drop from the five-year quarterly average of £550m, according to a recent report by Colliers.
The £300 million transformation of Candleriggs Square in Glasgow’s Merchant City has reached another significant development milestone with the completion of structural work for a 346-apartment build-to-rent (BTR) complex, forward funded by Legal & General. Candleriggs Development 2
The former Scottish Widows headquarters in Edinburgh is to be partially demolished to make way for new housing after councillors gave their approval for the plans.
Property management firm LOMOND has expanded its footprint in Scotland with the acquisition of Purplebricks' entire Scottish rental portfolio for an undisclosed sum. All properties under the deal will transition seamlessly to Lomond's primary Scottish subsidiaries – DJ Alexander, which op
Over a quarter of all property taxes in the last year were contributed by investors and second home buyers, according to property firm DJ Alexander. DJ Alexander revealed these figures based on the latest statistics on Land and Building Transaction Tax (LBTT).
In a transaction brokered by Shepherd Chartered Surveyors for FWM Investments, the Aberdeen-based headquarters of optician Duncan & Todd has been sold to a private property firm for £1.75 million, reflecting a 7.5% yield. Occupying a total of 15,400 sq ft, the property at Unit 4 Kirkhill C
Murrayshall Country Estate, located near Scone, has submitted plans for the introduction of new leisure amenities and high-end holiday residences. The multi-million-pound proposal, set to foster significant economic investment and potentially create up to 400 jobs in Perth and Kinross, has been subm