News

Leftfield Properties, the UK commercial real estate investor, has acquired Caledonian Retail Park in Wishaw from DTZ Investors, for a price of £21.15m, reflecting a net initial yield of 8.4 per cent.

Aileen Knox Data released by leading property consultant CBRE shows that Scottish commercial real estate had another strong positive quarter at the start of 2018, reflecting wider improvements reported for Scottish GDP.

Struggling department store chain House of Fraser is to close its Edinburgh store, affecting 127 jobs.

The liquidation of Carillion is estimated to cost taxpayers at least £148 million while accountants and lawyers managing the process are set to earn £70m in fees, the National Audit Office(NAO) has concluded.

Ricky Cowan (left) and Douglas Martin, chief financial officer, Anderson Anderson & Brown Scottish accountancy firm AAB has appointed Ricky Cowan to the role of development director.

Selling prices for residential property across east central Scotland rose by 8.2 per cent on average over the past three months of March, April and May compared with the same months of spring last year, according to the latest house price report from estate agents ESPC.

Lack of consumer understanding and awareness of Pension Freedoms are the biggest concerns for advisers, three years on from the launch of the rules.

Lisa Sewell Dentons, which merged with Scottish law firm Maclay Murray & Spens last October, has announced the appointment of Lisa Sewell as managing director for the UK & Middle East region, replacing Brandon Ransley, who retired earlier this year.

An insurance agent who set up numerous bank accounts to embezzle £90,000 from Aviva has been jailed for 22 months.

David Skilling Scotland’s economy has “lagged behind” that of other advanced small nations, according to a report by globally renowned expert David Skilling who argues Scotland must practice fiscal discipline to stay competitive with them.

Scotland’s most talented and ambitious students are set to start a once in a lifetime placement through Entrepreneurial Scotland’s Saltire Scholar Internship Programme.

Bonar Mercer Bonar Mercer, a solicitor at MacRoberts in Edinburgh, looks at a fresh consultation on on proposed reforms to the limited partnerships regime

More people in Scotland are now putting money aside for later life, as the 14th annual Scottish Widows Retirement Report reveals the number of Scots saving for retirement has risen sharply to 84 per cent.

Graeme Hartop 2018 Hampden & Co, the Edinburgh-based independent bank which opened in June 2015, has increased income by 138 per cent and nearly doubled the volume of loans it makes to clients.

Court of Session Former Rangers manager Walter Smith has revealed that he is to sue his former financial adviser for £320,000 after the businessman invested money on his behalf during the 1990's while he was manager of English side Everton.