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IN THIS ISSUE Featuring Herts, Beds & Bucks and Scotland


From the Editor News


Herts Beds & Bucks


Kirkby Diamond, Chandler Garvey, Westcott Venture Park


Hertfordshire LEP Dacorum Council


Welwyn Hatfield Council S R Wood


Luton Council Bedfordshire Council Central Bedfordshire Council


SCOTLAND Cover Story - Energetica Aberdeenshire Council


Waterloo Quay, Graham & Sibbald


Chess Group, Knight P G


D M Hall, Balmoral Business Park, RICS


Aberdeen and Northern Ashfield Land


Shepherd, CBRE, D M Hall


Angus Council, Graham & Sibbald


Knight Frank, Graham & Sibbald


Highlands & islands Enterprise


Allied Surveyors Inverness Highlands Council


Glasgow City Region City Deal Inglis Howie, CBRE


Cube R E, JLL, Leslie Wolfson 23


24-25 26-27


Letchworth garden City, Hitchin Town Centre, Kirkby Diamond


28 29 30 31 32 33


34 – 35 36 – 38


38


39, 41 40


42 43 44


46 47


48-49 50 51 52 53 54


Editor: Linda Bonney-Doyle Assistant Editor: Paul Holden IT Production: Alex Kennedy Advertisement Features Director: Kevin Phillips Motoring Editor: Kevin Gunns Subscriptions: James Ludlow


3 4-19


Graham & Sibbald Glasgow News


Cushman Wakefield, GVA BRE


Lanarkshire Councils


East Renfrewshire Council, Scottish Property Federation Fusion Assets Irvine Bay URC


Morton Fraser, Shepherds Riverside Inverclyde East Ayrshire Council


Scottish Boarders Council City of Edinburgh Council Roger Telford, IME


Colliers, BNP Paribas, FT Linden


Tilstone, Gerald Eve


Quartermile, Edinburgh News Gladman


Edinburgh News East Lothian Council


Hardies, In Site Property Colliers Cushman Wakefield Dundee City Council Perth & Kinross Council


Shepherd, CBRE, Central News Bidwells, D M Hall Falkirk Council Lynton House


D M Hall, Graham & Sibbald Stirling Council


Ceteris, Central News Clacks First


News In brief Car Test


Published by: CPM Consulting Design & Typesetting: VRB Marketing & Design, Keston, Kent


55 56 57 58 59


60 61


62-63 64 65


66-67 68-69 70 71


72 73 74 75 76 77 78 80


81-83 84-85 86 87 88 89 90 91 92


93-94 96 97


nergetica, Scotland’s Energy Corridor, is a long-term programme that seeks to create a world-class


development corridor that is internationally recognised as the location of choice for high value oil and gas and renewable energy organisations, and a first choice for organisations of all sizes operating in other high value, quality, niche markets. Developed in late 2007, the programme is managed in partnership by Scottish Enterprise, Aberdeenshire Council and Aberdeen City Council. Read our Cover Story on page 34. Moray is well known for its outstanding


natural resources and high standard of living. But, and this is the bit you probably didn’t know, it also offers The Enterprise Park, Forres (EPF) an exceptional environment in which to work. Quite simply The EPF is a premier location for inspiring, innovative companies and a magnet for business in the Highlands and Islands region. Get the full picture on page 48


The statistics tell their own story when it


comes to measuring the success of Irvine Bay Regeneration Company and the i3 Enterprise Area in Irvine. In its first few years Irvine Bay set about


addressing some key issues and market failures in the five towns of Ardrossan, Irvine, Saltcoats, Stevenston and Kilwinning in North


Ayrshire. See more on page 62. The Scottish Borders is in a key location for Scotland’s


central belt and the north of England. In an area of 1,800 square miles and almost 115,000 people, there is certainly plenty of space to enjoy our beautiful, unspoilt countryside. And with good transport links, a wide range of property options, a skilled workforce and an excellent education system, there is also a compelling financial case to locate your business here. The full story is on page 68. 2016 began with a rush of new private sector investment


announcements linked to Dundee Waterfront. First was the news that the leading UK development and


regeneration company, Our Enterprise, is to invest £20m in sites 2 and 5 in the Central Waterfront. The company will create a new city square, together with a design and innovation quarter designed to help attract and retain graduates emerging from the city’s universities and colleges. Find out more on page81. A vibrant and cosmopolitan city located in the heart of


Scotland, Stirling has bold plans to grow its diverse and expanding economy, and position itself as a world-class business location and a great place to live, work and visit. See page 91 for all the details.


• The publisher does not necessarily agree with the views and opinions expressed by contributors


• No material may be produced in part or whole without written permission from the publisher


Commercial Property Monthly


Alpika House, 343 Eden Park Avenue, Beckenham BR3 3JN Tel: 020 7993 6657


editorial@commercialpropertymonthly.com ISSN 1466-688X


COMMERCIAL PROPERTY MONTHLY 2016 • Editorial contributions are accepted on an all rights basis only


• While due care is taken to ensure the accuracy of information in this magazine, the publisher cannot be held responsible for any errors in editorial articles or advertisements


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FROM THE EDITOR


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