• Saturday, February 11, 2012

Previous

Next

Strapped Scottish Preservation Agency Sells Headquarters

October 30, 2009, 12:51 pm

The National Trust for Scotland, the organization in charge of managing many of the country’s key historic properties, has sold its Edinburgh headquarters for an estimated $14.4-million to a private developer, writes The Times.

Roiled by money troubles, the trust has cut more than 40 positions and temporarily closed some of its properties, setting off an internal dispute over its leadership and direction. Kate Mavor, chief executive of the organization, said the move to a new headquarters “will free up significant resources for our charity” to pursue its cultural-heritage mission.

This entry was posted in Managing. Bookmark the permalink.
  • Print
  • Comment

Comments are closed.