finance

Property developer expands Scottish operation as part of £140 million new homes commitment


Artisan Real Estate has announced a new management team, as the developer moves forward with its £140m investment plan, focusing on low carbon residential redevelopment across Edinburgh and Glasgow.

David Westwater will join this month as Scottish regional manager, following 40 years of industry experience, including Frasers Property UK, Interserve, and most recently as development director at Robertson Property.

He will help take forward Artisan’s plans to progress low carbon housing development with mixed-use regeneration across prime city centre brownfield sites – including a £98m residential investment for Edinburgh alone.

The company is also currently recruiting a Scottish commercial and technical manager, complementing the locally-based sales and marketing team.

Artisan has witnessed a significant expansion of its homebuilding operation in Scotland during the past 12 months.

The developer will shortly begin construction on Rowanbank Gardens, a sustainable residential development delivering 126 apartments in the Corstorphine area of Edinburgh.

Artisan’s first residential development in Scotland, the 180-apartment Canonmills Garden overlooking the Water of Leith to the north of Edinburgh city centre, has now sold 85% of all available properties as it approaches completion later this year.



A computer-generated image showing the communal space at Artisan's new Rowanbank Gardens development in Edinburgh
A computer-generated image showing the communal space at Artisan’s new Rowanbank Gardens development in Edinburgh

UK property director Clive Wilding commented: “These are exciting times for Artisan Real Estate in Scotland, and the strengthening of our team reflects the significant progress we have made during the last 12 months, despite the very obvious challenges faced during lockdown.

“Our current focus is developing prime brownfield sites across city centres in Edinburgh and Glasgow, delivering low carbon, multi-tenure housing with no fossil fuel, linked to high quality external spaces and integrated with a range of green transport options.

“We have a very exciting residential pipeline and are actively identifying and securing new opportunities across Scotland’s major city centre areas – a process which will be hugely boosted by our expanded dedicated residential and commercial Scottish operation.”

Artisan is also working on a number of mixed-use commercial redevelopment projects across Scotland.

Construction work on the £80m transformation of the Custom House building in Glasgow overlooking the River Clyde continues with a four-star, 294-bed Clayton Hotel and a 162-bedroom Adagio Apart-Hotel set to create a new riverside quarter when it opens in 2022.

This also includes Artisan’s £250m New Waverley development at the heart of Edinburgh’s Old Town, completed in 2020. The development’s Queen Elizabeth House, now the UK Government hub now home to 2,900 civil servants, was recently recognised by the British Council for Offices and was awarded its Innovation Award.

Jaco Jansen, Artisan’s chief executive, added: “Our track record in Scotland has given us a strong understanding of the importance of high quality place-making, which is at the heart of all Artisan’s developments.

“We are an ambitious and hungry company with an increasing appetite for bespoke developments in the best city centre areas – we are looking forward to expanding our footprint across Scotland and the rest of the UK.”

Don’t miss the latest headlines with our twice-daily newsletter – sign up here for free.



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.  Learn more