The funding will be used to deliver 18 luxury homes and a further 71 family residences at the site. It will also enable progress on infrastructure works servicing retail development and the ongoing construction of the golf course.
The Jack Nicklaus signature course at the Ury Estate in Aberdeenshire is now expected to partially open next year, with full completion scheduled for 2027. The project is being progressed with a £17 million loan from digital bank OakNorth to support the next phase of the development.
The sites from above.(Image: Scarlett)
Plans for 55 new homes in a Scottish village have been brought forward.
Two separate residential development sites in an established community with detailed planning consent are being marketed.
Scarlett Land and Development is handling the sale of the two locations in Glenboig, North Lanarkshire.
The agent said offers are invited for the sites for new homes, which are available jointly or separately.
It comes after record results.(Image: Gordon Terris)
A Scottish law firm has promoted 15 employees, following a financial year in which it achieved record turnover and a 41% increase in profit.
The firm said that its latest round of promotions recognise “talented colleagues with an unwavering dedication to the best possible standards in client care”.
Unveiling the promotions, Aberdein Considine announced that Glasgow-based private client lawyers Fiona O’Donnell and Rebecca White had been promoted to senior associate and associate respectively.
It added that “senior associate status” had been awarded to Aberdeen-based corporate property services solicitor Natasha Day and to Ahsan Mustafa, whose fellow banking litigation colleagues at Cadell House in Glasgow, Chloe Imrie and Katie Macdonald, have been promoted to senior solicitors.
Business Insight
Jobs are under threat.(Image: Wood)
Embattled engineering giant Wood has announced a boardroom shakeup ahead of a crunch shareholder vote on its future.
The Aberdeen-based company said chief executive Ken Gilmartin has decided to step down after three years leading the firm through what appeared to become a battle for survival.
Mr Gilmartin will leave Wood following a vote on a cut-price takeover bid for the company made by a Middle Eastern firm, which is scheduled for November 12.
Directors have recommended that shareholders approve the 30p per share acquisition of Wood by Dubai-based Sidara. It values the group at around £216m.