New Edinburgh Road, Bellshill

The Group purchased a 7 acre (2.83 hectares) site and secured planning consent for roadside development. This highly successful development was completed in Partnership with Esso, McDonalds and Whitbread. The balance of the development site was sold to McLean Homes for residential development.

Other Current Commercial Development Projects

The Group has a number of other commercial projects underway. These include a further supermarket proposal in Stirling, and the redevelopment of a first generation B & Q, which the Company purchased in Glasgow.

A further retail warehouse development of 30,000 sq ft (2,800 sq mtrs) is currently being finalised in the east side of Glasgow on a pre-let basis. The Group now controls sites and buildings in east Glasgow with a total of some 430,000 sq ft (39,950 sq mtrs) of retail space on London Road, adjacent to the M74, where the final motorway section, over the Clyde to south Glasgow, is scheduled to open in June 2011.

The Group continues to source and procure major new commercial development projects throughout.