Administrator seeks developer to take Glasgow project forward

IAN Wright and Scott Milne, of business advisory firm Quantuma, have been appointed as joint administrators to property developers Titan Homes (Partick) Limited.

Following a ‘prolonged period of financial difficulties’, the Glasgow-based company, which was founded in 2015, entered administration on 9 July 2021.

The firm had plans in place for the build of a residential development at Meadow Road in Partick – with 45 two and three-bedroom apartments over seven floors, with lower ground parking for up to 51 cars planned to be constructed.

Appointed administrator Quantuma said it is actively seeking a sale to a developer to take the project forward.

Ian Wright, MD at Quantuma and joint administrator on the case, said, “Titan Homes (Partick) Limited has entered administration following a prolonged period of financial difficulties. There is an opportunity here for a property developer to take on the fully approved Fairfields site in Glasgow. Interested parties should contact DM Hall’s Glasgow office.”