Plans for Edinburgh Marina progress

Published: 20 July 2018

An ambitious plan for a key development regenerating a site on Edinburgh’s waterfront has moved a step closer after the agreement of a £10m funding deal.

Specialist lender Octopus Property, part of the Octopus Group, has agreed to provide a £10 million commercial bridging loan for the acquisition of six freehold plots that form part of the Granton Harbour Estate and will be the “heart” of the new Edinburgh Marina development.

“The Edinburgh Waterfront site is one of the most ambitious projects being undertaken in Europe...

Ludo Mackenzie, Head of Commercial Property, Octopus Property

 

Planning consent has been granted for a 340-berth marina and more than 100 retirement living apartments, across 19 acres.

Full story via The Scotsman

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