Category: Property

Scotland’s First Bespoke Build To Rent Development

Owned by LaSalle Investment Management and managed by Dandara Living, Forbes Place at Stoneywood in Aberdeen is the first build to rent development in Scotland. It features high standard accommodation of 292 fully furnished apartments and townhouses available exclusively for rent. Forbes Place is a part of a much needed response to a housing crisis …

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Mid Market Housing Coming to Edinburgh

Port of Leith Housing Association (POLHA) is planning to deliver over 480 new homes, including mid market housing, to Leith and North Edinburgh by 2020. To make this possible, POLHA has secured a unique deal which combines a £10m revolving credit facility (RCF) with Bank of Scotland and a £35m private placement (PP) with Canada …

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More Mid Market Homes Planned for Glasgow

Link Group has submitted plans for a £65m investment in Glasgow’s East End which, if approved, will see 550 homes across different tenures including mid market homes. The proposed development is to be built on a 22-acre site of the former Dalmarnock Power Station which was laid empty and derelict for 40 years. Link Group …

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Citylets to Sponsor ‘Building the Rented Sector’ Conference

Citylets is delighted to announce that it is headline sponsor for the eagerly awaited ‘Building the Rented Sector in Scotland’ conference next month at Murrayfield Stadium in Edinburgh. Convened by Homes for Scotland (HFS)- the umbrella body for Scotland’s home building industry- the conference brings together those who wish to see the capacity of the …

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Boom in Aberdeen Average Rents Makes the News

The latest Citylets Quarterly Report (Q3 2013) made headline news yesterday: We revealed that prices for renting in Aberdeen have soared to record levels as a shortage of properties has fuelled a frenzied demand by eager tenants. Rental prices have broken the four figure barrier for the first time with average monthly rents reaching £1,002 …

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