News

Responsible investor Downing LLP’s Property Finance Team has received a £75 million sustainability-linked facility from HSBC. Complementing the significant retail and institutional capital which Downing already has and is looking to deploy into the space, the additional funding will allo

Glasgow-headquartered multinational engineering company Weit Group has appointed Brian Puffer as its new chief financial officer and executive director, joining the board by 1 April 2024. Mr Puffer, who is currently serving as chief financial and risk officer at BP plc Integrated Supply and Trading,

Glasgow-based communications consultancy Perceptive Communicators has appointed construction industry leader Ed Monaghan as a non-executive director with immediate effect. Specialising in Scotland's built environment, Perceptive has a wide range of clients including Clyde Gateway, Cru

Legislation giving Scottish Ministers powers to assess and remediate buildings within scope with unsafe cladding, where consent of the owners cannot be provided, has been published.

Drum Property Group has announced pre-tax profits of £9 million as the firm hailed another year of strong growth. The developer said it continued to deliver “transformational” developments across the residential, leisure and business space sectors in Scotland and beyond in its last

Scottish construction market activity fell for the fourth consecutive quarter with all subsectors now seeing either flat or falling workloads according to the latest Royal Institution of Chartered Surveyors (RICS) Construction Monitor.

This week West of Scotland Housing Association and development partners hub West Scotland and CCG (Scotland) unveiled a plaque to celebrate the Passivhaus certification of the landmark Springfield Cross social housing development in Glasgow’s East End — a significant milestone in the cit

Young househunters in Scotland are prioritising environmental credentials when buying a new home, despite rising living costs and higher mortgage rates, according to Barratt Developments. The Tackling the Cost of Living Crisis research by Barratt Developments - which includes Barratt Homes and

The Easdale Investment Group has gained approval for a new £15 million housing development on the site of the former 19th-century Tate & Lyle sugar refinery in Greenock, almost 27 years after the sugary refinery shut down. The 5.2-acre elevated site is located on Drumfrochar Road, Greenock

Homebuilder Tulloch Homes, part of the Springfield Group, has secured approval for two planning applications in Conon Bridge, north of Inverness. The Highland Council gave the applications the green light at its committee meeting this week, following recommendations to approve from local council off

Energy services company Union Technical is concluding work on a £1.5 million retrofit of almost 300 homes in Dumfries. Residents of the town’s Sandside Estate will benefit from newly fitted internal wall insulation, ventilation systems and heating controls this winter, designed to improv

East Ayrshire Council's collaborative working on energy projects has earned the team award nominations.

Train services on the Far North Line will be disrupted until early next week as Network Rail engineers complete urgent repairs to a seawall at Lothbeg, between Brora and Helmsdale.

South Ayrshire Council has appointed the project team to deliver the £10 million redevelopment of Citadel Leisure Centre at Ayr Harbour. Leisure development specialist Alliance Leisure is leading the project to revitalise the centre, which is used by some 300,000 people a year. Working alongsi

Fit-out, housing and mechanical & electrical services (M&E) specialist Morris & Spottiswood has continued its strong growth, exceeding pre-Covid turnover and more than doubling profitability over the last year. Turnover for the last financial year (ending 31 December 2022) increased by 1