Replacing one of Edinburgh, Scotland’s most unloved buildings, the new Edinburgh St. James city-center redevelopment is poised to become the Scottish capital’s new prime retail and leisure destination. One of the U.K.’s largest private-sector city-enhancing regeneration projects, slated to produce 3,000 jobs, the Edinburgh St. James redevelopment is being run by Nuveen affiliate TH Real Estate. To ensure it complements the city’s history and culture, TH Real Estate spent years working with Edinburgh World Heritage, Historic Scotland and The City of Edinburgh Council to help ensure the project was being developed to meet all international standards and green, sustainable development goals.
Edinburgh is desirable for both citizens and investors, and is positioned to get even better. The population is growing by 0.6% annually and residents enjoy the highest employment rate and median annual earnings outside of London. Edinburgh St. James’ attractive investment potential as well as its overall civic impact are the kinds of mutual benefits we’re keen to deliver.