Achi news desk-
Edinburgh-based Glencairn Properties previously applied to build up to 75 homes on the Bonnington site in the Scottish capital and has submitted a caveat following a consultation request, the latter of which was approved.
The housing scheme was replaced by offering accommodation for 229 students in the old empty office and storage site.
Despite being recommended for approval by council officers, the application for student flats was refused, and a later appeal upheld the council’s decision.
The council rejected the student flats scheme last year, saying: “The proposal will also make a positive contribution to the diversity of housing types across the city by providing purpose-built student housing in an area with a low concentration of such housing at this time.
“However, the proposed location is far from any learning institution or university.”
He also said: “In addition, the proposals fail to provide an appropriate mix of student accommodation.”
Is your company in Scotland’s top 100 companies?
Today, the Herald joins forces exclusively with Grant Thornton to unveil its report of the top 100 private companies in Scotland. The top 100 have reported a total annual revenue of nearly £40 billion, representing an average growth of 26% over the past year and employing around 136,000 people.
Herald Business Editor Ian McConnell said: “This report from Grant Thornton provides a fascinating insight into the critical role played by Scotland’s top private companies in helping to drive economic growth, identifying a number of key players on across many sectors and draw attention to the importance of food and drink. , and energy industries for the nation.”
Edinburgh bank unveils new chief executive as veteran chief retires
Hampden & Co, the Edinburgh private bank, has appointed a new chief executive.
Tracey Davidson will join from Handelsbanken UK in the autumn to replace Graeme Hartop, who is retiring after 11 years in the role. Ms Davidson is currently deputy chief executive and chairman of Handelsbanken Wealth & Asset Management, having joined the UK arm of the Swedish bank from Barclays in 2003.
Mr Hartop, a former managing director of Scottish Widows Bank, has been with Hampden since its inception. He joined Ray Entwistle, a former colleague at Adam & Co, when the veteran banker set up Hampden & Co with the remit of catering to Edinburgh’s well-heeled clientele in 2013. Hampden opened its doors in 2015.
