DCSIMG

Landowners’ body welcomes Bute investment plans

The Mansion House in Rothesay's High Street will form part of the second phase of the Bute Estate's investment of more than �8 million in properties around the island.

The Mansion House in Rothesay's High Street will form part of the second phase of the Bute Estate's investment of more than �8 million in properties around the island.

 

The organisation which represents Scotland’s private landowners and estates has welcomed this week’s news of a major investment in residential homes and tourism on Bute.

Douglas McAdam, the chief executive of Scottish Land and Estates, said the announcement by the Mount Stuart Trust that more than £8 million was to be spent through the Bute Estate on improving 11 sites around the island was “tremendous news” for Bute and “a great economic boost” for the area.

“The project will be one of the largest regeneration schemes carried out on a private Scottish estate,” Mr McAdam said, “and provides another powerful illustration of estates and local communities working in partnership for the greater good of their local area.

“We are delighted to support this plan as an example of the critical economic contribution made by private estates across Scotland.

“We have long argued that the focus of any land reform debate on how to increase the viability of our rural communities should focus on making the best use of our assets and resources rather than debates around ownership structures.

“This investment from the Mount Stuart Trust supports this stance and will encourage further investment in the future – a development that will be welcomed locally and throughout the west of Scotland.”

 

Comments

 
 

Back to the top of the page