The purchase of a site on Beaverhall Road in Canonmills, Edinburgh, is our first deal in the Scottish capital and ninth in partnership with impact investor Bridges Fund Management.

We’re planning a mixed-use scheme for the 1.25 acre site, one of the largest pieces of land in a single ownership in the Canonmills area. Plans include build-to-rent homes, affordable studio space, and public realm.

This deal continues our expansion into key cities across the UK. We will carry out a public consultation to help shape plans for the scheme, which the company hopes to complete in 2025.

Damien Sharkey, managing director , said: “This scheme continues our strategy of acquiring sites in ‘lifestyle’ cities – places with strong fundamentals and demand for high quality housing. We have been seeking the right opportunity in Edinburgh for some time. Canonmills in particular is the perfect location to create a hub where you have everything you need on your doorstep, catering to the changing ways we want to live and work post-pandemic.”

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