Investment Opportunities in Scotland

Perth and Kinross stands at the forefront of Scotland’s economic growth, offering a compelling blend of strategic location, skilled workforce, and vibrant communities.

The recently launched £530 million Investment Prospectus showcases eight transformative projects that collectively support Perth & Kinross’s ambitions to lead in sustainability and clean economic growth.

This diverse portfolio of market-ready opportunities and longer-term investor-led partnerships, spans a 15 year period from 2025 to 2040, and covers key sectors such as renewable energy, tourism, advanced manufacturing, and digital technology.

Backed by a robust commitment from PKC to foster public-private partnerships, the portfolio follows a £600 million public investment programme, and £300 million Tay Cities Deal, that have supported essential infrastructure, cultural development, and growth in key economic sectors.

Whether you're seeking to establish a new venture or expand existing operations, Perth and Kinross offers a dynamic environment conducive to business success.


Northfield Business Park

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Located on the outskirts of Perth, Northfield Business Park offers a truly competitive edge for industry of all sizes. This prime location offers efficient distribution and logistics, proximity to the national talent pool, and a cost-effective, no compromise, alternative to its large city counterparts.

Comprising a number of quality food and drink manufactures, and the operational headquarters of national brands such as John Deere, McLaughlan Transport and Eastern Western Motor Group, Northfield provides the perfect opportunity for anyone seeking to grow their business in Perth and Kinross. 

There are currently five fully serviced development plots on offer. The plots for sale are regular in their shape and flat in topography. In total, the land available extends to 12.8 acres and plot sizes range from circa 1.2 acres to 5.0 acres.  Use Classes 4, 5 & 6 (including Food and Drink use). 

Plots from circa 1 to 13 acres
Well-connected Scottish location
Class 4, 5 & 6 operators
Offers invited for remaining plots

Eco-Innovation Park at Perth West

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Driving business and place innovation through smart energy and mobility solutions, Perth West is a unique opportunity in the heart of Scotland for purpose-driven investors and corporates to co-create an exciting residential and commercial, net-zero exemplar over a 240ha site.  This exciting project will include Perth Innovation Highway, Perth Eco-Innovation Park and DR.ECO solar park with a total investment value in excess of £150m.

Currently, investment opportunities lie within the development of the Eco-Innovation Park; covering a fully serviced area of 25ha, split across various-sized plots, financial investors in the early stages have a unique opportunity to influence the planning and development phase, with a view to generating long-term and sustainable benefits.

The Eco-Innovation Park will provide opportunities from flexible working environments for innovative small start-ups to innovative manufacturing space for large companies and dynamic lab-based areas for research & development. Early opportunities will be given to enterprises focused on stimulating growth in next generation logistics, last mile distribution and R&D around Mobility as a Service (MaaS), active travel and blue-green infrastructure.

Phase 1 development opportunities for 11ha
Phase 2 to provide 15ha of fully serviced land
Green National Transport Hub partners sought
Commercial portfolio building available

The Mill Quarter

The Mill Quarter

The Perth City Centre Design and Development Framework outlines investment opportunities aimed at fostering sustainable economic growth and revitalizing the city centre. With a focus on becoming one of Europe’s great ‘small cities’ by 2040, the framework includes plans for new landmarks and community facilities, enhancing Perth's reputation as a creative hub and food destination, while attracting residents and visitors through a sustainable mixed-use economy.

The Mill Quarter will be home to a new £61m swimming pool and leisure centre, adding to Perth’s thriving culture and leisure attractions in the city centre and offering new opportunities for city residential developments.

The Council is seeking a high-quality development for residential and other complementary uses that promotes city centre living, communal open and green spaces, active travel and that celebrates the area’s historic setting. Overall, the development will help contribute to a greener, more accessible and more pedestrian and cycle friendly area of the city.

The Mill Quarter is close to the historic Lower City Mills area and the Old High Street, which connects the area towards the main High Street and central retail and cultural area. The existing Mill Quarter is characterised by the Thimblerow carparking area (the site for the proposed leisure centre) which are at the edge of the city centre but could form an ideal mixed residential and leisure development close to the attractions and facilities of the city centre.

The leisure site is expected to be ready for development within 2 years, with the leisure centre set to open in 5 years. The development of the Mill Quarter will also unlock further land elsewhere including for residential and student living opportunities. A planned Perth City Heat Network is further being explored to enhance the sustainability of buildings on the site.

This Quarter will benefit from significant public investment into the area, with the opportunity for developers to be involved in the project through residential opportunities, and through the leisure facilities and surrounding green infrastructure.


The Culture Quarter

Culture Quarter

The Culture Quarter is a major strategic asset to Perth, at the heart of ongoing developments to deliver cultural-led regeneration in the city centre and wider region.

Building on the award-winning Mill Street regeneration, further development of the Culture Quarter offers a range of opportunities, including for new leisure and residential developments in the centre of a vibrant city. The quarter is home to a thriving cultural scene, with outstanding assets including Perth Theatre, Perth Concert Hall, Perth Art Gallery and the new Perth Museum.

The Culture Quarter celebrates the history of Perth and the current creative and cultural transformation underway in the city. There are currently opportunities to refurbish and convert parts of existing historic buildings into new residential use, and there are vacant sites available to support new public realm, residential, leisure and experiential developments.

The area will be a catalyst for the greening of the city and new developments will broaden the appeal of the city centre, which is already known for its independent shops and a growing reputation as a food town. This is a tremendous opportunity to help shape the future of Perth, with the potential to realise strong returns from new developments with a total investment value of £100m.

The vision for the area is to build on the initial success of the culture quarter and extend the Mill Street public realm project westwards to Mill Street/ Murray Street area, including: traffic reduction, streetscape improvements, areas for events and al fresco dining use for adjacent hospitality businesses. Several development opportunities exist at the St. Johns Shopping Centre; former Debenhams building on High St; former Beales Dept Store and several gap sites for residential or student accommodation developments.


Strategic Energy Partnership

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The Perth and Kinross Strategic Energy Partnership is a unique opportunity to partner with the Council to create a de-carbonised energy system fit for the future.

Perth & Kinross aims to reach net zero carbon emissions by 2045 in a fair, equitable and economically viable way. In doing so, we need to focus on securing long-term sources of low cost and low carbon energy that can effectively support the needs of residents and businesses throughout the area. Leading businesses such as SSE and SSEN, Scottish Water, SGN and others are united behind our ambitious energy transition targets and there are significant opportunities to realise the potential of green technologies and infrastructure in the region.

The Strategic Energy Partnership will play a key role in placing Perth and Kinross at the forefront of net zero and clean growth. The partnership will help unlock investment and facilitate the delivery of heat, renewable energy and decarbonisation projects. Recommended by the Local Heat and Energy Efficiency Strategy (LHEES) approved by the Council in 2023, the partnership will support a range of projects benefiting community, social, residential, commercial and industrial developments.

In addition to the Perth City Heat Network, there are opportunities for investors to contribute to the successful achievement of green energy transformations in the region. Opportunities will continue to emerge as the partnership is further developed, with projects including battery and energy storage infrastructure, low carbon and active travel infrastructure, EV charging, and solar projects.

This is a fantastic opportunity to join us in laying the foundations for sustainable growth across the region and beyond.


Perth City Heat Network

Perth Heat Network Building Out Phase

The proposed Perth City Heat Network is an ambitious project that will power a green and sustainable future in Perth and Kinross, providing heat to numerous public buildings and social housing in Perth.

The development of a Heat Network as the anchor project of the Perth and Kinross Strategic Energy Partnership will provide low-cost and low-carbon energy to homes and businesses across Perth and invest in renewable energy projects across Perth and Kinross.

Perth and Kinross Council, supported by ARUP, are currently developing their strategic heat network vision supported by Scottish Government Heat Network Support Unit. Appraisal and analysis will determine the potential to expand the city centre heat network opportunity to a wider area.

The appraisal and analysis (to be completed in July 2025) will inform and enable an Outline Market Prospectus to be developed. This will set out in more detail the investment opportunity for low carbon heat and decarbonisation energy projects across Perth & Kinross and will include maps, technical development information, a high-level cost plan, techno-economic model, risk register and the Outline Market Prospectus.

This project offers a fantastic opportunity to investors seeking to develop a leading heat network and other renewable energy projects that will offer transformative clean energy to the city.


James Hutton Institute / Barley Hub

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Scotland’s pre-eminent interdisciplinary scientific research organisation, the Hutton undertakes research at the forefront of transformative science for the sustainable management of land, crop and natural resources which are under threat by the climate and nature crises. Its work supports thriving rural communities - and the economy - in Scotland and across the world.

In the last few years, the Hutton has adopted an open science campus approach and welcomed on to its site partners from the private and public sector. This has helped create a thriving hub and ecosystem of ground-breaking science for businesses to establish themselves and flourish. IGS, which designs and builds industrial-scale vertical farms and sells them worldwide; is an excellent example of how well this type of partnership can work.

To discuss partnership opportunities with the Hutton, contact [email protected].

Global leader in scientific research
£62m Tay Cities Regional Deal Award
Home to International Barley Hub
Opportunities for private partners

Binn Eco Park

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Binn Eco Park is a resource management, renewable energy and eco-innovation centre, focused on supporting the development of the circular economy, smart renewable energy systems and controlled environment agriculture. The 200 acre site located near Glenfarg six-miles from Perth, Binn Eco Park employs over 160 people and is one of the most fully integrated resource recovery complexes in the UK.

Most recently, a partnership with French group Paprec Energies, has facilitated the construction of a £100 million Energy from Waste facility in Perth and Kinross. They are a beneficiary of a £5.2m award within the Tay Cities Deal to develop a concept demonstrator Advanced Plastics Sorting and Upcycling Factory (APSuF) to revolutionise the management of residual waste plastics.

Investment opportunities currently exist for technical partners and investors, and for businesses working in the circular economy and controlled environment agriculture space. For further information contact the Business, Place and Investment Team.

Opportunities for technical partners
Land available for lease
Investors sought for growth plans

Advanced Plastics Sorting and Upcycling Factory (APSuF)

AP Su F

Located at Binn Eco Park, an Advanced Plastics Sorting and Upcycling Factory (APSuF) will be a regional, scalable Residual Plastics Waste (RPW) treatment facility, suitable for networking with other similar facilities.  With a total investment value of £9.2m, including £5.2m of Tay Cities Deal funding, It will deliver a systems change for the improved management of plastic waste, addressing the many issues this complex group of materials presents.

The project is forecast to make an operating profit of £1.85 million p.a. once it is fully operational and will help solve some aspects of micro plastic and marine litter risks. The development timeframe would see construction in 2027/28 with the site being operational in 2028/29.

The factory will provide safe, inventoried, long term material conservation (Land Banking) for excess plastics. Through the factory, waste will be separated for reuse into:

  • additional mechanical recyclates value (granulate/flake/pellet);
  • sources of plastic waste for chemical feedstock recycling systems; and
  • materials for direct on-site product manufacture;

The APSuF system will support process and system optimisation, training and R&D for the development of new distributed plastics economies. It encourages the proximate and regional management of RPW at a global level and significantly reduces non-biogenic carbon emissions from incineration and the wider plastics system.

There is an exciting opportunity for investors to partner with the project, helping to realise the potential of the Factory and to be part of its circular economy innovations.


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