Bruce Rae Property Management

Edinburgh Trams

On December 21, 2006 Edinburgh Councillors overwhelmingly supported the business case to be submitted to the Scottish Parliament in favour of re-introducing trams to Edinburgh. With there now being an estimated £62m already spent on the tram proposals, it finally looks like things are in motion with work planned to start on phase 1 in March/April 2007.

There are many expected benefits that a tram system will bring to the capital. These include business opportunities, increase in civic pride, social inclusion and a reduction in pollution. Analysts also predict a rise in residential and commercial property prices along the tram routes, with similar projects in different cities seeing house prices rise by 15% and rental yields by 7% above the prevailing percentage increase. The introduction of trams will also allow Edinburgh to compete on the world stage and enhance its already sterling reputation as one of the Europe’s most desirable cities.

For more information please visit

www.tramsforedinburgh.com