Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Aberdeen’s Countesswells development is up for sale following collapse of business

Surveyors have been appointed to find a new owner for the scheme – which includes plans for hundreds of homes, shops and more schools.
Surveyors have been appointed to find a new owner for the scheme – which includes plans for hundreds of homes, shops and more schools.

Buyers and being sought for one of the most significant community development opportunities to ever have been planned for Aberdeen – which stalled when the company behind it failed.

The Countesswells development has been put up for sale after the company leading it collapsed last year.

Surveyors have been appointed to find a new owner for the scheme – which includes plans for thousands of homes, as well as shops and schools – after Countesswells Development Limited (CDL) foundered in the wake of the oil and gas downturn and the Covid-19 pandemic.

The Countesswells development.

CDL, set up to manage the development, was a subsidiary of the Stewart Milne Group (SMG).

It had been estimated that the value of the development once complete could be worth around £800 million.

The project was originally the vision of housebuilding tycoon and former Aberdeen FC chairman Stewart Milne.

Recently he revealed plans to retire and sell his housebuilding empire.

Up for sale

Shepherd Chartered Surveyors has been appointed by the scheme’s administrators FRP Advisory to sell the development, which offers over 31 hectares of land for development – the firm said it would consider sale as a “whole or in parts”.

The surveyors confirmed that, to date, around 725 homes have been built at Countesswells by a mix of builders including Stewart Milne, Barratt, David Wilson Homes, Kirkwood and Chap Homes.

A completed phase at Countesswells in 2017 with civic and green spaces. Photo by Kami Thomson

The development was one of the largest and most ambitious to have been undertaken in Aberdeen in the area for many for several years when it was hit by last year’s unprecedented difficulties.

Available now to buyers is the opportunity to complete the build-out of an entirely new community just to the west of the city earmarked for more than 3,100 homes, two schools, shops and other commercial property.

Plans comprise commercial and employment land within the development, including retail areas alongside an existing neighbourhood shopping centre anchored by a 4,000 sq ft Sainsbury’s.

Artist’s impression of the new Sainsbury’s store in Countesswells.

The surveyors highlighted that Aberdeen City Council is proceeding with the construction of the primary school which is “well under way” and that the scheme still has earmarked a second primary school and a secondary school.

The benefits being marketed include good access to the city centre, Westhill and Kingswells, easy reach to the Aberdeen Western Peripheral Route (AWPR) surrounded by large areas of green space and surrounding woods.

Market showing signs of improvement

Aberdeen-based Shepherd managing partner Chris Grinyer said he was confident of a sale now that market sentiment is recovering.

He said:  “The local market is showing real signs of improvement, reflecting increased economic activity in the area, and we anticipate that this will result in good interest being generated in Countesswells.”

Tom MacLennan of FRP added: “Following on from securing the development site, we are now in a position to bring this unique development to the market.

“This is an opportunity for developers to acquire a substantial prime development in Aberdeen and progress it to a conclusion.”

All you need to know about the collapse of the company behind the  Countesswells development.

Already a subscriber? Sign in

[[title]]

[[text]]