Buccleuch Property has sold the iconic 55 Degrees North building in Newcastle upon Tyne. The mixed use property, comprising 165 apartments, two floors of commercial offices, a restaurant and bar, has been purchased by GVA on behalf of a private client at a price reflecting a net initial yield of 8.5%. Originally purchased by Buccleuch […]
Property professionals from across the UK recently travelled to Dumfriesshire in Scotland to compete in the 10th Buccleuch Property Challenge. Over 70 teams, made up of more than 200 industry professionals, took part in the annual outdoor endurance race at the Duke of Buccleuch’s Drumlanrig Castle and Queensberry Estate.
Competitors – who enter in teams of three – endured a marathon test of mental and physical challenges, including running, problem solving, orienteering, archery, mountain biking and rowing.
The winning single category team, who completed the race in an impressive 4 hours 41 minutes, were Pol Macdonald, Ian Logan and Steven Wheatley from Optimised Environments Ltd. In the mixed team category, John Houston, Tom Fernie and Mhairi Polson from Thomas & Adamson were first over the finish line, with a time of 5 hours 23 minutes.
As part of the Challenge’s 10th anniversary, the company selected Childline as its charity partner, with the aim of raising £10k to help the vital service support more children and young people in need.
David Peck, Managing Director at Buccleuch Property, said: “This year was an extra special event for us, with a record sign-up of 73 teams who travelled from across the country to take part.
“Despite the mud and the rain, it was a huge success, providing a great opportunity for team-building and networking, as well as participating in a large-scale endurance race.
“Over the last decade, we have raised more than £100,000 for various causes and we are honoured to have been able to partner with Childline this year – a charity which does amazing work for young people across Scotland and the rest of the UK.
“Thanks to the generosity of competitors, we have raised over £11,000, which will help fund 2,750 potentially life-saving calls.”
Paul Cockram, Fundraising Manager for NSPCC Scotland, said” This is a wonderful partnership to have in the 30th year of Childline. The impressive sum raised by all those taking part will help Childline continue its vital work supporting young people. We would like to say a huge thank you to everyone involved”.
On Tuesday 27 November, Buccleuch Property and Wrenbridge Land were pleased to host the ground breaking ceremony for their new speculative industrial development called Quadron at the Bridge in Dartford. The high specification warehouse units totalling 45,500 sq ft will be located within the heart of The Bridge, a mixed-use business, residential and leisure development. […]
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, announces that, on behalf of St James’s Place UK Plc, it has completed the forward purchase of the development of a distribution warehouse in Belvedere, South East London for £11.3 million from Buccleuch Property and Wrenbridge Land. Planning permission for a standalone 68,360 […]
Projekt 42, a charity aiming to tackle poor mental health in Edinburgh, has joined forces with Queen Margaret University (QMU), Edinburgh, to create a workplace apprenticeship programme with a difference. Investing in the education and progression of its staff, the charity will not only put two employees through a BA (Hons) Business Management degree at […]
Buccleuch Property has invested over £2m in the purchase and refurbishment of two high spec industrial units at Bescot Point, Walsall. Following the purchase of the property in August 2017, the commercial property specialist has enhanced existing facilities to provide prime space for businesses looking to relocate within the area. Spanning 52,142 sq ft in […]