Works progressing at Crown Street

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Construction works at Ediston and Clydebuilt’s Crown Street Retail Park continue to move at pace. The contractor, Heron Brothers is wasting no time in progressing the envelope of the units and the concrete floor pours have been going well, with summer temperatures helping the drying / curing process. The target is now to get the buildings wind and watertight by the end of July allowing internal works to follow-on. Planned completion is still on target for Q1 2020.
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Magic touch

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In an attempt to keep the old joints moving, Ross McNulty has been playing in the Vialex touch rugby tournament over the summer, held on Wednesdays at Inverleith Park. The weather has been kind and most games played in glorious sunshine. Amazingly (and for the second year in a row) Ross’s team won their league. This year being even more impressive as the team was undefeated. Their key to success is most definitely due to a blend of youth (the youngest player being 12 years old, as seen holding the trophy) and guile (as Ross says the only thing he is good at these days is working the offside line). As you can see from the photo, it’s a very
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Royal seal of approval for Alastair and James

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Following on our previous post on Alastair and James’s charity cycle in August, they were recently invited to meet Princess Anne on Thursday the 4th of July at Holyrood Palace. Princess Anne is the Royal patron to the Leuchie Charity and she wished them both to have the “wind behind their backs” for the trip! They’ll certainly need all the help they can get! Help them have more visibility by sharing this post on your page and you can still donate on the Just Giving page found here: https://www.justgiving.com/campaign/MizMal19 Good luck Al!
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Lycra for Leuchie

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Our very own Alastair Dickie and James Waterson of Simply Finance have a goal this year, to cycle from the south tip to the north tip of Ireland in 6 days, starting off on the 25th August 2019 covering just over 500 miles. The route winds its way north along the Atlantic Coast from Mizen Head to Malin Head, a beautiful journey for a great cause. Alastair and James are cycling for 2 wonderful charities, one being Leuchie House in North Berwick which provides short breaks and holiday respite care for MS sufferers https://www.leuchiehouse.org.uk and the second is The Patrick Wild Centre https://patrickwildcentre.com/ who provide research to test  new therapies for autism spectrum disorder (ASD), intellectual disabilities (ID) and Fragile
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A Piece of Glasgow’s Industrial Heritage set to be Unearthed at Crown Street

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One of the first aspects of work that will be completed at our residential development on Crown Street and Cathcart Road will be to complete a programme of Archaeological works on site. The site was once home to the Govan Ironworks, constructed between 1830 and 1840 by the Dixon family, complete with the world’s first ever purpose built blast furnace. In fact there are thought to be the remnants of 6 blast furnaces still situated on the site below the current ground levels – vast structures each with walls more than half a meter thick. A scheme of investigation and recording of these structures has been agreed with West of Scotland Archaeology Services, to be implemented during the early stages
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Run for Redearth

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Redearth’s vision is to provide every child with an equal chance to succeed, and every community to thrive. Nursery education in Uganda is neither free nor easily accessible and the money raised so far by the team is enough to sponsor one child through three years of nursery education. The team have exceeded their original target by so much, that only a few extra hundred of pounds will be enough to help support two children through three years of nursery education. If you wish to help their cause you can still donate by visiting: https://www.justgiving.com/fundraising/run-for-redearth Please visit Redearth’s website to find out more about the amazing work they do: http://redeartheducation.co.uk/
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New Point of interest at St Philips

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Ediston Property Investment Company completed the £1m refurbishment of the 14,208 sq ft First Floor of St Philip’s Point in central Birmingham, delivering a stylish combination of tall white ceilings and exposed services and a unique ceiling spine of metal baffles above the primary circulation route. The floor brings a new differential to the Birmingham office market and will be formally launched on 21st May 2019. The space was designed by CDA and KJ Tait, Edinburgh, project managed locally by Savills and the works completed by City Office Interiors. Click the link below to see how we are getting The Point across through the team at Core Marketing. https://www.core-marketing.co.uk/work/st-philips-point/   
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Nursery Visit to Devongrange

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Ediston recently gifted a variety of loose parts and materials for the garden of Strathdevon Nursery in Dollar. Children from the nursery were invited to visit our Devongrange development and were provided with a guided tour of site and the show homes – the tour proved to be a big hit with the kids and hopefully it will pave the way for budding surveyors, joiners and bricklayers in future years to come! The Marketing Suite at Devongrange is open seven days a week and can be visited between 10.30am and 5pm – drop by and see what we have to offer.    
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Two New Tenants at Kingston Retail Park, Hull

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Ediston has now completed the lettings of units 5a, 5b and 5c which extend to a total of 18,868 sq. ft. Iceland Foods Limited has signed a new 10 year lease, on units 5b and 5c which have a total area of 13,672 sq. ft. Iceland will trade the store as a ‘Food Warehouse’. Sue Ryder has signed a 10 year lease with a 5 year tenant break option on unit 5a, which extends to 5,196 sq. ft. Both tenants were granted a short rent-free period of only three months. The retail park was acquired in December 2017. Units 5a, 5b and 5c were vacant, but benefited from a rental guarantee from the previous owner, which was due to expire
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This is Money, Investing Show: Is commercial property an unloved UK investment that’s ripe for returns?

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Britain’s commercial property market can be as much of a soap opera as its residential one. In recent years it has swung from its post-financial crisis woes, to being firmly on the up, before buckling under the burden of Brexit and fears for the retail sector. The latest trouble for the sector comes in the world of shopping centres and high streets, where retailers are attempted to negotiate their way out of expensive rents – and in some cases going bust. Yet, despite the worries, property can remain a profitable place to invest and deliver solid income as part of a portfolio. Navigating their way through that, investment trusts such as Ediston Property Investment Company, can chunky dividends – 5.5
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