Barclays is refinancing Upland Properties' £35 mln (€41 mln) property portfolio which includes retail, office and industrial space across the north of Scotland.
Barclays is refinancing Upland Properties' £35 mln (€41 mln) property portfolio which includes retail, office and industrial space across the north of Scotland.
Upland Properties, the Highland property group, is receiving a £20.5 mln finance package from the UK bank.
Upland Properties is led by eminent Scottish businessman David Cameron and owns over 20 major properties including Aviemore’s main shopping centres.
'The deal with Upland Properties signals a further lending commitment to the commercial real estate sector in Scotland, where Barclays is enjoying success,' said Jamie Grant, head of Corporate Banking, Barclays Scotland.
