4 minutes
Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each. The financing foll
2 minutes
Moody’s has downgraded its credit rating for housing association Places for People (PfP) citing concerns over the “varied risks” involved with the landlord’s increasing expansion into non social housing businesses. The ratings agency said the switch from A2 to A3 “reflects the continued di
3 minutes
Plans for the new Aberdeen Exhibition and Conference Centre Aberdeen City Council has become the first local authority in Scotland to be assigned a credit rating as it prepares to invest in major housebuilding and construction projects.
3 minutes
Colin Lewis Avant Homes is to speed up its expansion plans after securing a £200 million bank facility and appointing a new construction director for Scotland.
2 minutes
A record £1 million was paid out every day during the second quarter of the year to help firms cope with the non-payment of bad debts, largely reflecting claims from many of the firms affected by the collapse of the construction firm Carillion. Figures published by the Association of British Insure
4 minutes
Large-scale Build to Rent (BTR) developer and operator Dandara Living has been given the green light to deliver 342 green waterfront apartments in Glasgow’s West End after securing a £60 million Green Revolving Credit Facility from HSBC UK. Dandara will use the funding, which is ali
3 minutes
A bankrupt builder from Derby has been jailed after illegally obtaining more than £400,000 for home improvement projects. Nigel Dinneen, 72, secured advance payments from five victims in the Midlands without revealing to them that he was declared bankrupt in July 2019, as he was legally requir
3 minutes
Kirkwood Homes managing director Colin Crombie (left) and Graham Fiddes BOS relationship manager in front of a Kirkwood site Aberdeen-based housebuilder Kirkwood Homes has announced plans to acquire six new sites in 2017 as it expands its operations to Inverness and Dundee.
2 minutes
A Treasury rate rise which led to fears that major housing and infrastructure projects could be delayed has been labelled by Moody’s as “credit negative” for local authorities as it will increase the cost of capital on new borrowing in the short term.
2 minutes
Nobleread Ltd has been wound up by the High Court and the Official Receiver has been appointed liquidator of the company.
1 minute
The island nation of Nauru is offering citizenship for around £81,200 under a new scheme aimed at tackling the impact of climate change. The Pacific Ocean country is the world's smallest independent republic and third-smallest country, with a population of around 12,000 people.
2 minutes
Keepmoat is celebrating the completion of its The Castings development on Meadowhead Road in Ravenscraig, which saw 14.2 acres of disused land transformed into a vibrant, new community. The housebuilder started on site in 2019, working with multiple partners to regenerate a disused sports grou
4 minutes
A C-listed lodge in Markinch has received a harmonious extension blending new modern living spaces with its original historic charm.
3 minutes
The City of Edinburgh Council’s plans to deliver more than 700 new homes in the area surrounding the Meadowbank Sports Centre have been given the green light. The local authority is working on the “transformational redevelopment project” in collaboration with the Edinburgh-Mea
3 minutes
The City of Edinburgh Council’s plans for a “transformational redevelopment project” of the area surrounding the Meadowbank Sports Centre look set to be given the green light this week. The local authority is working in collaboration with the Edinburgh-Meadowbank (EDMB) Consortium
SUBSCRIBE
