Teneo Financial Advisory

A new report has confirmed that £2.38 million worth of “non‑operational” land has been sold in the past six months as efforts to unwind the collapsed Stewart Milne Group (SMG) continue. The latest update from administrators Teneo Financial Advisory shows that land parcels held by

Housing developments in Aberdeen and Arbroath that were stalled after the collapse of Stewart Milne are now set to be completed. Milestone Developments, a construction company owned by married couple Stuart and Nicola Jackson, has secured a deal with administrators Teneo to complete one project, whi

Hundreds of unsecured creditors owed in excess of £33 million following the collapse of construction company Stewart Milne Group will not receive a penny back, administrators have confirmed.