News

News

One Beast down, One to go

04th September 2017

SCOTLAND’S most brutal obstacle course race (OCR), the Prime Four Beast Race, took place on 2 September at Loch Ness, with organisers declaring the biggest ever event, a “brutal, beastly, blockbuster of a race”.

Nearly 1,800 participants took to the stunning course at Aldourie Castle by Loch…

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New Vision for Glasgow’s Pacific Quay Unveiled

21st June 2017

Public Exhibition Highlights Plans for More Homes, Offices, Restaurants and Attractions at Prime Waterfront Site.

Drum Property Group is unveiling a new vision for one of Glasgow’s most high profile waterfront sites at a public exhibition on Thursday (June 22).

Drum has been appointed by…

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Local Children Bowled Over By Redball Cricket Festival

19th June 2017

More than 180 children participated in the inaugural Redball Cricket Festival, held at Aberdeenshire Cricket Club (ACC) in Mannofield, Aberdeen on Thursday (June 15).

The Redball Programme was created by ACC and Drum Property Group as an in-school cricket programme, allowing children aged nine…

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Drum Completes Sale at Prime Four

06th April 2017

 

Drum Property Group has completed the construction of a 102,000 square foot office at Prime Four Business Park, Kingswells, Aberdeen which LCN Capital Partners has acquired as part of a build-to-suit transaction for £43.2m.

The purpose-built complex is let on a long term lease to Lloyd’s…

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Buttermarket Sale Agreed

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 has…

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Drum Shortlisted for National Awards

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.

Statoil’s…

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Zambian Hospital Build Progress

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…

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Redevelopment for Travelodge Commences

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.

The new…

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Drum announce £100m Investment at Prime Four

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 submitted an…

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Ipswich Redevelopment Progress

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 The…

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DRIP REIT Announces Prime Acquisition

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.

3 Lochside…

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Drum Launch ‘Redball’ Community Programme

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 benefit…

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Anderson Anderson Brown Achieves Practical Completion

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…

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Luxury Apartments Launched

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 the…

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New Lettings at Buttermarket

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.

Wagamama has…

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Drum Completes Glasgow Acquisition

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 the…

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Statoil Achieves Practical Completion

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…

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Drum Win Property Company of Year

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.

The 3rd annual…

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New Orkidstudio Zambian Project Announced

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…

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DRIP REIT Announces Further Acquisitions in Gloucester and Manchester

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…

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