20th February 2017
Drum Property Group has agreed terms to sell the Buttermarket centre in Ipswich to the National Grid Pension Fund for £54.7 million.
Drum Property Group acquired the Buttermarket centre for £9.2 million in March 2015 in a 50:50 joint venture with Capital & Regional. Since then £25 million…
07th February 2017
Drum Property Group has been selected as a finalist for Property Company of the year for the third year in succession at the Scottish Property Awards. A top panel of industry experts has also chosen two Drum developments as finalists across three categories at the annual event.
01st February 2017
Orkidstudio, the humanitarian design charity supported by Drum Property Group, has completed the first phase of what will become the new Sachibondu Hospital, in Zambia.
The project aims to deliver a significant upgrade in facilities status with the Zambian Ministry of Health and enable the…
08th November 2016
Drum Property Group has commenced work to redevelop Ballantyne House on Academy Street, Inverness, for Travelodge.
Drum acquired the office building earlier this year and Travelodge will enter into a 25 year lease for the hotel on completion of the development works in June 2017.
05th October 2016
500 New Jobs Set to be Created as Developer Submits Plans for 320,000 sq. ft. Retail Park
Drum Property Group has submitted plans to expand the Prime Four Business Park in Kingswells, Aberdeen, with a £100m investment in a new adjacent retail park.
Drum, developers of Prime Four, has…
23rd September 2016
Drum Property Group and Capital & Regional have updated the progress made on their £35 million redevelopment of The Buttermarket Centre in Ipswich.
The new retail and leisure offer highlighted the investment into Ipswich town centre since Drum Property Group and Capital & Regional acquired…
19th July 2016
Investment portfolio growth continues with seven major UK investment properties totalling £45.7 million
Drum Income Plus Real Estate Investment Trust (DRIP REIT) has completed another significant acquisition with the purchase of 3 Lochside Way at Edinburgh Park for £4.5 million.
27th May 2016
Innovative programme taking Cricket into the Community
Drum Property Group has announced a unique partnership with Aberdeenshire Cricket Club to deliver an in-school cricket programme, Redball.
Initially working in four Aberdeen primary schools, 180 children aged nine to eleven will…
24th May 2016
The new office complex for Anderson Anderson Brown at Drum’s Prime Four Business Park has achieved practical completion.
The 45,000 square foot facility has been built to AAB's specifications by Drum and will have capacity for more than 400 employees. AAB expect to move in to the new office…
16th May 2016
Luxury apartments at the former coastguard building at the West end of Greenock Esplanade, have now been launched by Drum's partner in the development, Ogilvie Homes.
Drum acquired the site, which extends to 3.5 acres of waterfront property, in late 2014, and after a period of demolotion of…
28th April 2016
Drum Property Group and Capital & Regional have today announced a raft of new lettings at Buttermarket in Ipswich, as their plans to reposition the shopping centre gather pace.
Drum Property Group and Capital & Regional have agreed terms with four well-known restaurant brands.
12th April 2016
Drum Property Group has completed the acquisition of Progressive Residential (Minerva Street) Ltd, securing a consented residential development site adjacent to the bustling area of Finnieston in Glasgow.
Situated directly opposite the SECC and Hydro, and connected to the city centre via…
15th March 2016
The new office complex for Statoil at Drum’s Prime Four Business Park has achieved practical completion.
Following a comprehensive internal fit-out, the state-of-the art 45,000 sq ft operations centre for the Mariner field and possible future Statoil operated field developments on the UK…
04th March 2016
Drum Property Group won Property Company of the Year 2016 at the Scottish Property Awards held in Glasgow last night (3rd March 2016).
The best buildings, businesses and teams in Scotland’s commercial property sector were crowned at the property industry’s largest celebration.
01st March 2016
Drum Property Group is very proud to support humanitarian design organisation Orkidstudio as they announce their key project for 2016, the redevelopment of a community health centre in Sachibondu, in North West Zambia.
Founded over 45 years ago, Sachibondu Health Centre is located near…
26th February 2016
DRIP REIT growth continues taking portfolio to seven regional UK investment properties totalling £40.362 million
Drum Income Plus Real Estate Investment Trust (DRIP REIT) has acquired two further properties in Manchester and Gloucester for a combined total of £9.71 million. DRIP REIT has…
22nd February 2016
Drum Property Group and Capital & Regional have announced the opening of an anchor TK Maxx store at the Buttermarket shopping centre in Ipswich.
TK Maxx has relocated to a larger 27,000 sq ft unit at Buttermarket, as Drum and Capital & Regional progress a £35 million redevelopment of the…
16th February 2016
Drum Property Group is a finalist across three categories at the Scottish Property Awards 2016.
The Grande, Drum’s city-centre regeneration project, has been short-listed for Development of the Year (Commercial); The Grande has also been selected to progress to the public vote in the Deal…
22nd December 2015
Drum Income Plus Real Estate Investment Trust (DRIP REIT) has exchanged contracts on another significant acquisition with the purchase of Lakeside 5500 in Cheadle, Manchester.
Lakeside 5500 is a prime multi-let office development with key tenants Micron Europe Limited and Agilent…
25th November 2015
Drum Property Group and Capital & Regional have announced today that a new 12-screen Empire cinema will be at the heart of the redeveloped Buttermarket shopping centre in Ipswich.
The commitment from Empire comes as the owners unveil their vision for the £35 million redevelopment, which…