Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

East Lothian Developments Ltd (ELDL)

East Lothian Developments Ltd (ELDL)

Vintage: January 2014

Sector: Property

Location: Wallyford, East Lothian

Type: Development Capital

Souter Role: Co-investor

Souter Director: Yes

Status: Current

East Lothian Developments Limited (“ELDL”) is a 120 acre development site in Wallyford, East Lothian.

The development has secured planning permission for the construction of 1,450 new homes, which will include a new primary school, making it one of the largest current residential developments in Scotland.  The site is well suited to commuters with easy access to the A1 and a main line train station in Wallyford with a journey time of just 15 minutes to the centre of Edinburgh.

Souter Investments acquired its stake in the site in 2013, and provided funding to support the site’s application for planning and infrastructure development.

Souter Investments also has an option over the adjacent Dolphinstone site.