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| HBG invest £35 million in Scottish Property HBG Properties has added to its portfolio of national office and retail projects, by making two purchases in Scotland. The retail corner plot 20/28 Buchanan Street and 38/47 Argyll Street in Glasgow's city centre has recently been purchased for £31million. The majority of the 62, 000 sq ft property is being let on long leases. HBG Properties has also announced the purchase of the last available site in the Haymarket Yards Office Park, Edinburgh, for £3.95 million. The site was purchased from Haymarket Yards Limited, a joint venture between PPG and Betts Properties. Work will start on site in October this year. Both of these purchases add to HBG Properties' portfolio in Scotland, where current developments include the Wellgate Centre and Discovery Quay, both in Dundee. HBG Properties is a division of HBG UK Ltd, one of the UK's largest construction services organisations with a turnover exceeding £770 million. write your comments about the article :: © 2006 Construction News :: home page |