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Scottish real estate agents Murray & Currie Property have acquired two independent property agencies in Edinburgh, Traquair Lettings and Crombie & Co. By adding these two portfolios, the firm has expanded its managed properties by 26% and increased its management fee

Interserve has reported a pre-tax loss of £111.5 million for last year, improving on the £244.4m it lost in 2017. Results posted today by the troubled contractor show an improvement in underlying operating profit – up 10% from £84.5m in 2017 to £92.7m in 2018 – on

A planning application for the redevelopment of the Aberdeen Market site has been submitted by Halliday Fraser Munro (HFM) on behalf of the developer Patrizia. The mixed-use development would include office space, bars and restaurants with connected outdoor seating.

The City of Edinburgh Council has named the preferred bidders for two separate contracts for the potential Trams to Newhaven project. A joint venture between Farrans, Sacyr and Neopul (SFNJV) is set to secure an infrastructure & systems contract, while Morrison Utility Services Lt

Southside Housing Association (SHA) has struck a £30 million deal with Handelsbanken plc to help finance new build properties and a comprehensive programme of housing improvements. The Glasgow landlord will use the loan facility from the Swedish bank to support the finance of upgrades to exist

The Interserve shareholder that called for the removal of directors from the company’s Board has issued a new plan to rescue the firm from administration. New York hedge fund Coltrane Asset Management, Interserve’s biggest shareholder, has tabled an alternative proposal that would l

Funding for a range of high-profile projects has been approved as Aberdeen City Council agreed its 2019/20 General Fund Capital Programme budget. Elected members approved the spending priorities during a meeting of the full council in the Town House chamber yesterday.

 Over 100 people interested in a traineeship or apprenticeship in the construction industry attended a careers evening held by Clark Contracts at its head office in Paisley. The event, held during Scottish Apprenticeship Week, took place on March 5 and attracted over 100 attendees who had

Students have been encouraged to “push each and every boundary” that makes up a typical home, in a tie up between Heriot-Watt University and homebuilder CALA Homes. The partnership will give Construction Project Management and Quantity Surveying third year students the chance to develop

Inverclyde Council has appointed Clark Contracts to deliver the multi million pound refurbishment of St Mary’s Primary School in Greenock. The construction, refurbishment and maintenance contractor is now on site with the transformation well underway.

Construction and property consultancy Thomas & Adamson is supporting Scottish Apprenticeship Week by highlighting the wide range of opportunities available to those interested in pursuing a career within international construction and property services. Over the years, the company has benefited

Scottish Water has started work to deliver a £5 million replacement Water Treatment Works, which will secure the future of Lairg's water supply. Work will take place at the existing Savalbeg site, around 1 mile north-east of the village and will use the established water supply from Loch Beann

The Scottish Government has announced a £12 million loan for the renovation of a Glasgow site to create 85,000 sq ft of new Grade A office space. The funding for 55 Douglas Street, previously known as the Cerium Building, comes from the £150m Building Scotland Fund which is operated by t

Data for Scottish commercial real estate released by property consultant CBRE reveals that the annual Scottish all property total return for 2018 was 5.6%, only slightly lower than the UK all property return of 6%, while Scotland’s offices, retail and alternatives markets all significantly out

Plans to create a dedicated ‘digital quarter’ next to Edinburgh Airport are set to progress after the proposals were unveiled at international property fair MIPIM. The ‘Crosswind’ project could see the airport’s disused second runway transformed with offices and commerc