CBRE buys Exchange Place One in Edinburgh

CBRE Investment Management, on behalf of CBRE UK Property PAIF, has acquired Exchange Place One, the Grade A office building on Semple Street and Fountainbridge…




Lomond Group acquires DJ Alexander

Lomond Group has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander. The deal, supported by Lomond Group’s private equity partner…




Abrdn hires ex-FCA boss Bradley as director

Edinburgh-based investment giant Abrdn said on Friday it will appoint former Financial Conduct Authority (FCA) boss Catherine Bradley as a non-executive director and a member of…




Donaldson buys Stewart Milne Timber Systems

Fife-based timber expert Donaldson Group has acquired the £100 million turnover business Stewart Milne Timber Systems (SMTS), marking the Donaldson Group’s entry into the timber frame…




Henderson Park, Eurofund buy £140m Silverburn

London-based private equity real estate manager Henderson Park has exchanged contracts for the acquisition of Silverburn, the 100,000m² flagship shopping centre on the south side of Glasgow…


Odysseus gets go-ahead for Edinburgh One

Odysseus Capital Management announced it has secured planning permission for the redevelopment of Edinburgh One at 60 Morrison Street — the former headquarters of Scottish…



Abrdn logistics fund buys €227m Madrid warehouses

Abrdn’s Aberdeen Standard European Logistics Income plc (ASLI) announced the acquisition of a portfolio of newly constructed last-mile logistics warehouses “with excellent sustainability credentials” located at…





Forthplus Pensions bought out of administration

Manchester-based self invested personal pension (SIPP) provider iPensions Group has acquired business assets of FCA-regulated firm Forthplus Pensions — currently in administration — providing some certainty to the Edinburgh firm’s 2,500-plus…



UK mortgage lending to hit record £316bn in 2021

UK Finance, the collective voice for the banking and finance industry, has published its housing and mortgage market forecasts for 2022 and 2023 together with projections for 2021 full year…


NatWest fined £264m in money laundering case

The UK’s Financial Conduct Authority (FCA) said on Monday afternoon that National Westminster Bank Plc (NatWest) has been fined £264.8 million following convictions for three…





















SSE shareholders reject Elliott break up bid

SSE, the Perth-based renewable power and networks giant, has received support from institutional shareholders Royal London Asset Management and Columbia Threadneedle in its rejection of…









Abrdn joins Emerging Markets Alliance for ESG

Edinburgh-based investment giant Abrdn said on Monday it has joined the ESG advocacy network the Emerging Markets Investors Alliance (EMIA). Abrdn is the newest major asset…


NATS removes air routes over Scotland

NATS — formerly called National Air Traffic Services — announced it has implemented the “biggest ever geographical airspace change in the UK” by removing long-established air routes over Scotland…



Anne Richards appointed chair of TheCityUK

Scottish fund manager Anne Richards, the CEO of Fidelity International, has been named as the next chair of TheCityUK, the powerful lobbying group that represents the UK’s…




Nationwide hires TSB’s Debbie Crosbie as CEO

Nationwide Building Society announced on Friday it has appointed TSB bank CEO Debbie Crosbie as its next chief executive and executive director, subject to regulatory approval….