Councillors in Aberdeen have backed a council tax rise of 9.85%.Officials had been recommending 11%, but the SNP and Liberal Democrat administration successfully proposed the lower figure. It means band D council tax will be set at £1,
Aberdeen saw commercial property investment volumes total £357 million in 2024, three times the 2023 figure and over double the 10 year average of £160m.
The 9.85 per cent increase is the highest of Scotland's main cities - with Edinburgh and Dundee going for eight per cent and Glasgow going for 7.5 per cent.
Investment in commercial property surged in Aberdeen last year, as bargain hunters took advantage of “extremely attractive yields”.
The Dons are fully focused on avoiding a major cup shock against Queen's Park, but there's another quarter-final that could have a significant impact on the next season.
The resurgence in activity came through large transactions including the £110million for Union Square shopping centre and the £32million sale of Annan House to an Israeli investor.
Shares in the Edinburgh investment giant known until today as abrdn leapt by nearly 20% in early trading after it signalled turnaround plans under new chief executive Jason Windso
Aberdeen saw commercial property investment volumes total £357m in 2024, three times the 2023 figure and more than double the 10-year average of £160m. This resurgence in activity can be attributed to investors seeking value,
11d
Edinburgh Evening News on MSNHibs raid of Aberdeen sparks pundit surprise as Neil Lennon gives thumbs up to deal for standout starJimmy Thelin’s side lost 5-1 to Celtic on Tuesday night in the Premiership but pre-match, former Aberdeen winger and ex-Hibs boss Neil Lennon were reacting to the news of McGrath opting to swap Pittodrie for Easter Road on Sky Sports’ coverage of the game. A long-term offer by Hibs proved crucial to the midfielder’s decision.
Money is being raised on behalf of an Edinburgh law student diagnosed with a rare form of bone cancer to enable him to visit Australia. Graeme Porter, 20, from Aberdeen, began the LLB at Edinburgh in 2022.
Among cities, Aberdeen's decision follows Edinburgh and Dundee opting for 8%, and Glasgow at 7.5%. Mr McLellan added that council tax payers had the right to expect a "certain standard of delivery ...
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