News

News

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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TK Maxx opens at Buttermarket

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 centre.…

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Drum Shortlisted for Awards

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 of the…

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DRIP REIT Exchanges on Manchester Office

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 Technologies…

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New Leisure Offer at Buttermarket Unveiled

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 will…

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DRIP REIT announces Glasgow Acquisition

23rd November 2015

REIT enjoys continued growth having now purchased four major UK investment properties totalling £26 million

Drum Income Plus Real Estate Investment Trust (DRIP REIT) has completed another significant acquisition with the purchase of Monteith House in George Square, Glasgow for £5.75 million.

Cambodia Build Complete

25th October 2015

 

Humanitarian design organisation, Orkidstudio, supported by Drum, has completed the reconstruction of a community centre and school in Sihanoukville, Cambodia.

The coastal port city of Sihanoukville, Cambodia, is a well-known tourist spot, with long-stretching golden beaches and a busy central…

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DRIP REIT Set to Reach £20M Investment Milestone

06th October 2015

Drum Property Group’s Real Estate Investment Trust (REIT), launched on the London Stock Exchange in May 2015, has completed two major UK acquisitions and exchanged contracts on a third, with a combined value of £20 million.

The Drum Income Plus REIT has completed the acquisition of the Duloch…

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Phase 1 at The Grande Complete

31st July 2015

Drum Property Group has completed the first phase of The Grande development – Annan House, the 120,000 square foot office headquarters for leading North Sea oil producer EnQuest.

Situated at the former derelict Aberdeen Seafood Park on Palmerston Road, the new office complex is the first phase…

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Cambodia Build Begins

10th July 2015

Orkidstudio, the humanitarian design organisation supported by Drum, has begun its latest project in Sihanoukville, Cambodia.

A well-known tourist spot, with long-stretching golden beaches, the city also has a less expatriated side. It is in this part, nestled behind a busy market street where…

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AAB Construction Underway at Prime Four

11th June 2015

Construction work has started on Anderson Anderson Brown’s (AAB) new office complex, located on the Prime Four business park at Kingswells west of Aberdeen.

The 45,000 square foot facility is being built to AAB's specifications by park developers Drum Property Group. It is expected to be…

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