It is not always easy to pinpoint the moment when a property market turns. But for the office property market in Edinburgh one such moment was when it emerged during the summer that part of the big Springside project was being put on hold.
Springside is a project to redevelop the site of Scottish & Newcastle’s brewery at Fountainbridge, half a mile west of the city centre. The scheme, by AMA, Grosvenor and Royal Bank of Scotland, is to build 600 new homes and 140,000 sq ft of office space on what has been called Edinburgh’s largest brownfield site.
