News

Property lender Together has announced it is launching a £150 million development finance facility to fund the delivery of thousands of additional homes across the UK. The lender, with a £6.8 billion loan book, announced its inaugural securitisation facility for development lending, unlo

Specialist real estate asset and investment manager Catella APAM has sold Aberdeen’s Talisman House to Shelborn Investments Limited on behalf of Danish client Britannia Invest A/S. Part of the Aberdeen skyline for over two decades, Talisman House spans approximately 96,000 sq ft across two win

Scotland's specialist impact investor, SIS Ventures, has appointed experienced impact finance expert Amir Rizwan as the new chair of its investment committee. Mr Rizwan, who also joins the SIS Ventures board, brings over 15 years of experience in impact investing and financial services.

A China Southern Airlines flight was delayed over four hours on Wednesday after a passenger threw coins into one of the engines for supposed good luck. Flight CZ8805, from Sanya to Beijing, was scheduled to depart at 10am local time on 6 March but did not take off until around 2:16pm. State med

A family business in Orkney has begun construction of the island's newest whisky distillery, which will create jobs and support carbon reduction. Deerness Distillery Ltd has secured £246,000 from Highlands and Islands Enterprise (HIE) for the £820,000 development. Construction is underwa

Against the backdrop of a heated debate on the extent to which National Insurance (NI) funds state pensions, Edinburgh-based Aegon UK has highlighted two official UK government reports into the ‘National Insurance fund’. Steven Cameron, pensions director at Aegon, said: “While gove

Virgin StartUp, Virgin's not-for-profit hub for entrepreneurs, has announced it coming to Edinburgh next Wednesday, 20 March, to host a free founder meet up event. Scheduled for 6pm at the Virgin Money store on George Street, the meet up offers a chance to connect with other budding founders, share

The Competition and Markets Authority (CMA) has opened an investigation into the proposed £2.5 billion acquisition of Redrow by Barratt Developments.

Auction House Scotland has strengthened its local presence in Aberdeenshire with the addition of William McBey to its team. Mr McBey, joining as a business development executive, will focus on building partnerships with estate agents, solicitors, and other property professionals in the area.

  Company insolvencies in Scotland rose by 9% during February compared to the previous year, totalling 94 cases, according to data from the Insolvency Service.

Scotland's thriving life sciences sector needs increased investment in top-quality lab and research facilities to sustain growth, according to real estate advisor CBRE. Speaking at an event in Edinburgh, Chris Dougray, head of development at CBRE Scotland, and Chris Williams, CBRE’s head of li

Miller Homes has teamed up with Own New to offer reduced mortgage rates for buyers of new build homes in Scotland. The 'Own New Rate Reducer' product enables customers to lower their interest rate for the initial mortgage term on a new Miller home while owning 100% of the property. It has been launc

The average Scottish house price in January remained unchanged from December at £221,693, representing a marginal 0.2% annual increase, according to the latest analysis from Chartered Surveyors Walker Fraser Steele. However, Scott Jack, regional development director at Walker Fraser Steel

Members of Parliament on the Scottish Affairs Committee are set to conduct an in-depth examination of the progress of £6.2 billion worth of government-backed funding deals, designed to boost regional economic growth in Scotland. City region and regional growth deals are two types of fundi

Techscaler, the Scottish Government's tech startup support programme, and FinTech Scotland, the cluster body driving Scotland’s fintech innovation, have announced a strategic partnership poised to drive forward Scotland's fintech sector development. FinTech SMEs now employ more than 10,500 peo