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The Scottish Government is on track to hit its ambitious target of 50,000 affordable homes by 2021 after new figures revealed a large increase in the total number of affordable and social rented homes.

Kevin Stewart MSP The Scottish Government has exceeded its 30,000 affordable homes target by more than 10 per cent, according to official statistics released for the first time today.

The Quartermile development in Edinburgh The Scottish commercial property market has seen a significant drop in confidence and investor demand following the decision of the United Kingdom to leave the European Union, according to a new survey.

Edinburgh-based Miller Homes remains on track to achieve its 2021 target of 4,000 homes per year after its annual accounts revealed a strong financial performance in 2018, a growing workforce and an increase in forward sales. Operating profit at the housebuilder rose 15% to £151.1 million in 2

The number of homes completed in Scotland reached the highest annual total since 2008 after an 18% increase in new build homes, new figures have shown.

The Drax Foundation, which is the corporate foundation of the renewable energy company Drax Group, has announced a new grant of £150,000 for Energy Sparks, an energy education charity that works with schools. The new funding will enable Bath-based Energy Sparks to ensure that up to 240 schools

A £5 million community-led project to create a new distillery in an area regarded as a birthplace of Scotland’s national drink has secured up to £0.5m investment from Highlands and Islands Enterprise (HIE).

Law firm Macdonald Henderson has appointed Stacy Campbell as commercial property director. Ms Campbell joins the firm from Lindsays, where she held a similar role.

Construction group Tusk saw turnover double last year and is predicting another hefty jump in the coming 12 months as it extends its reach across Scotland and England. Jointly owned by managing director Rory Kennedy and construction director Freddie King, Glasgow-based Tusk made a profit of about £

Two major planning documents that will shape the growth of Inverness have been approved by members of the Highland Council’s city of Inverness area committee. The Draft Inverness East Development Brief sets out plans for developers to deliver up to 3,000 new private and affordable homes and a suit

Fife Council is progressing plans for 12 new council houses in Milesmark, Dunfermline. The council’s cabinet committee has authorised a contract with Dundas Estates and Development Co Ltd to deliver the much-needed new council houses.

Glasgow-based civil engineer and contractor, RJ McLeod, has reported a nearly 60 per cent year-on-year rise in profits. Accounts newly-filed at Companies House reveal as pre-tax profits increased to £12.3 million in the year ended November 1.

Alan Brown Housebuilder CALA Group has set a new long term target of building over 3,000 units a year after revealing it is on track to deliver a sixth straight year of record revenue and profits.

Sir Tom Hunter Sir Tom Hunter has made a £100 million investment in a scheme for a new village in West Lothian.

Interserve has posted a 12 per cent rise in profit during the first six months of the year which offered “both opportunities and challenges”. The support services and construction firm saw UK construction make an operating profit of £5.3 million on a turnover of £500m during the six months to