Scottish tenants take on tycoons in island tussle
Island's five residents need to raise £4.25 million to buy island from its aristocrat owner; they are invoking newly passed law that gives them first right of purchase
Ulva, Scotland
WHEN tycoons in helicopters began landing on Scotland's Isle of Ulva, its five tenants feared their way of life might be coming to an end.
The remote island of pristine beaches, lush hills and craggy coastlines was put on the market this year after decades of ownership by an aristocratic family.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents