PROPERTY developers the Easdale brothers have scooped up more land in Renfrewshire to add to their £800 million pound portfolio.

Greenock businessmen Sandy and James Easdale have acquired more land in the Neil Street Industrial Estate in Renfrew.

Their property investment arm Dalglen now own another unit at the site, previously owned by Peel Waters Ltd, to add to their portfolio.

Sandy Easdale said: "We are pleased to be able to conclude the deal for this further asset and consolidate our other areas of ownership at Renfrew.

“This acquisition further supports our previous strategic investments across Scotland and brings a superb tenant and property into our broader portfolio.”

James Easdale added: “We’d like to thank Peel Waters Ltd for their support during the negotiations and we continue to develop a good working relationship together.

“We are in a good position to add to our portfolio and continue to consider several new opportunities throughout the United Kingdom.”

The acquisition sees a further 13,750 square feet added to the overall portfolio.

Greenock Telegraph: New site for Easdale brothers

Dalglen’s property investment operations are behind several housing projects, including the Spango Valley site in Greenock, the former Tullis Russell paper factory in Glenrothes, and a waterside housing development at Dumbarton, creating over 3,000 new homes within the next decade throughout Scotland.

Earlier this month, approval was also granted by Inverclyde Council for the Easdale Investment Group to create 47 new homes at the site of the former Tate & Lyle factory in Greenock as part of a new £15 million development.

They are also driving forward the redevelopment of the iconic former Watt Brothers store at the heart of Glasgow.

Sandy and James Easdale were named in The Sunday Times Rich List 2023, placed at 126 in the UK wealth list.