The mortgage from OakNorth will probably be used to develop the primary 74 houses new houses at Ambassador Group’s website, which is the scale of 100 soccer pitches, on the historic Bangour Village in West Lothian, in addition to assist infrastructure works.
Opened as a psychiatric hospital in 1906, when its strategy to care was thought of revolutionary, a complete village advanced was supported by a working farm, church, store and bakery. The positioning was requisitioned by the Conflict Workplace throughout the First and Second World Wars, when it fashioned the most important conflict hospital in Scotland.
Edinburgh architect Hippolyte Blanc’s design was impressed by the Alt-Scherbitz mannequin in Germany. Now the previous rural idyll for weak individuals is to be rejuvenated.
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Well-known Glasgow pub bought
A well-known Glasgow pub owned by the identical household for greater than 4 a long time has been bought.
The client of The Laurieston Bar, at Bridge Avenue within the Gorbals, is described by promoting agent Christie & Co as a “non-public investor who has confirmed that the enterprise will proceed to function because it has executed for over 40 years”. Christie & Co mentioned it had been “inundated with curiosity from the outset” of the sale course of.
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Glasgow veteran takes over well-known metropolis lodges
A Glaswegian hospitality veteran is to guide two of the town’s most well-known lodges.
Marcello Ventisei, who has greater than three a long time of trade expertise, has been appointed the final supervisor of each the Kimpton Blythswood Sq. and voco Grand Central lodges. Mr Ventisei turns into the primary to take up the brand new function of cluster basic supervisor for the 2 lodges, that are a part of the IHG portfolio, including the Blythswood to his remit simply eight months after starting his put up on the helm of the Grand Central.
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Macphie names new chairman as household chief stands down
Kristy Dorsey’s article seems within the Enterprise Briefing 📈
Scottish meals group Macphie has introduced that considered one of it longest-serving executives will stand down this spring as chairman of the family-owned enterprise.
Alastair Macphie, nice nephew of the corporate’s founder, is stepping down as chairman after 17 years within the function and 37 years in complete with the Aberdeenshire enterprise. Nonetheless, he’ll proceed as a non-executive director to advise on long-term capital funding selections.
From April 1 Norman Soutar will tackle the function of chairman, with chief government Andy Stapley, who has been in put up since 2018, persevering with in that function.