Thursday 20 March 2008

Mountgrange didn`t want council selling them short




This appears in Property Week on the 14th March
Full Article Here


"The scheme will have to go before the Scottish parliament in any event, as the city council has a stake in the scheme. Mountgrange bought some council-owned land around the site it owned, a former bus garage, which was due to be developed. The council will receive a small share of the profits from the site. ‘It was done to make sure the council didn’t sell us short,’ says Berry. ‘It only has a passive involvement.’ "

"In October, eyebrows were also raised over the appointment of Donald Anderson, former council leader, as Scottish director of PPS, the public relations agency that is promoting Caltongate on behalf of Mountgrange."
Questions That Demand Answers