Shawlands Arcade Regeneration Proposals Unveiled

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Plans have been announced for the regeneration of The Shawlands Arcade on Kilmarnock Rd, which is a well-known landmark at the heart of Glasgow’s Southside. Originally built in the 1960s, the Arcade is in need of renovation and its proposed regeneration will create a new, vibrant shopping and leisure experience in the heart of Shawlands and an improved streetscape on Kilmarnock Road. The redevelopment also offers the opportunity to provide new homes in this increasingly popular area. The proposals are being brought forward by the Arcade’s owners, Clydebuilt LP, which is a property investment and development fund co-owned by Strathclyde Pension Fund and Ediston and has a strong track record in delivering successful regeneration projects. Commenting on the plans, Neal
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Ediston is Recruiting

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Investment surveyor – Edinburgh (possibly London) Just over a year from the first lockdown, we strongly believe that changing real estate markets and the pent-up weight of investment capital will offer real opportunities over the next few years. As a business, Ediston continues to navigate through the challenges presented by the Covid-19 pandemic, and we are delighted to have recently secured £200m of new equity for investment.  As a fundamental part of our growth strategy, we now wish to recruit an investment surveyor to further strengthen the team to source and secure new direct real estate investment throughout the UK. The successful candidates should have UK-wide real estate investment experience, will be given autonomy and be empowered to source and
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Home Bargains Opening – Hermiston Gait

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On behalf of Ediston and BauMont Capital we are delighted to welcome Home Bargains, who open for trade in their new 15,000 sq ft unit at Hermiston Gait Retail Park, Edinburgh on Saturday 20th March. To add further weight to the strength of the line up on the Park and the sector, work starts on 29th March on the extension of the former Mothercare unit where Aldi will lease 19,000 sq ft upon completion of the works at the end of July this year. Joint agents for Ediston and Baumont are Coates and Co and Harvey Spackfield. Link to Article
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Insurance giant takes new 10-year office lease at St Philips Point

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Global insurance provider AXA has completed a new ten-year lease on the newly refurbished 14,208 sq ft first floor at St Philips Point on Temple Row in Birmingham. Landlord Ediston Property Investment Company has recently invested £1m at St Philips Point, refurbishing the first floor. In addition to AXA, a tenant of the building for 15 years, law firm Weightmans and accountants RSM occupy the ten storey 102,000 sq ft building. Savills and Avison Young represented Ediston. Ben Thacker, a director in the national offices team at Savills, said: “AXA undertook a review of their property requirements last year.  A number of alternatives were considered but the business opted to remain at St Philips Point, surrendering part of their space
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Coatbridge Costa & Burger King reach Practical Completion

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On behalf of Ediston Property Investment Company PLC, Ediston is delighted to announce that practical completion has just been achieved on its Costa and Burger King development on the existing B&Q car park at Tennent Street, Coatbridge.  Many thanks to Luddon Construction and the rest of the team: CSQ, CBA, Smith Design, Quattro, KJ Tait, Currie & Brown and Zander Planning for delivering a first class job through testing times where collaboration was key when the job paused during lockdown.
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Ediston win BCO (Scotland) Award

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Ediston are delighted to have won the British Council for Offices (Scotland) Award for Best project up to 1,500 sq m for the fit out of our office at 1 St Andrew Square, Edinburgh. The final product defines Ediston’s culture and was the result of a collaborative design journey between Rodi McLean and Paula Conway of Form Design and the Ediston client team of Neal, Hayley, Neelum, Danny and Andy. Congratulations to the full team including Form Design Consultants, MPACT Group, CBA, KJ Tait and Source Furniture. We can’t wait to get back together in the office as soon as we are able and to have a proper celebration with all those involved!!  
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New houses at Ediston Homes

Phase 3 Construction Underway at Devongrange

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Work is underway to construct Phase 3 of the Devongrange development in Alloa. The construction team re-commenced groundworks in June following easing of lockdown restrictions on construction sites in Scotland and it is expected that our first new homes will be available for customers in January 2021. As part of this phase we will also be delivering a further 24 houses for Kingdom Housing Association. The development is proving to be hugely successful with only 3 properties remaining available for reservation on the first release for Phase 3. Our sales office is open 7 days a week between 10.30 am and 5 pm or phone 0800 458 1523 to book an appointment.
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Our Devongrange Sales Office is now Open

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Following the recent update from the Government, we are pleased to announce that our Devongrange sales office and show home have now reopened. You will notice some changes to how we can interact with our customers to ensure the health and safety of our team and clients. Visits to our sales centres will be by appointment only during this time, however, our Sales Advisors will remain available by phone and email to answer any of your questions. Our sales office is open 7 days a week between 10.30 am and 5 pm or phone 0800 458 1523 to book an appointment. Don’t miss out on the new sales releases featuring brand new house types.
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Next extend their lease at Widnes Shopping Park

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Despite the current uncertainty in our markets arising from the coronavirus, Ediston continue to try to stay close to our tenants, engage in dialogue and do deals to keep things moving. On behalf of Ediston Property Investment Company, we are delighted to have just completed a 5 year lease extension with Next on their 10,000 sq ft store at Widnes Shopping Park. This is consistent with our key focus to protect, generate and secure income across all our funds.
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