RBS in £5.3m Paradigm deal

LANDLORD Paradigm Real Estate Managers has secured a £5.3 million funding package from Royal Bank of Scotland (RBS) for the refinance and refit of a 23,600sq ft food store in Giffnock, which it has leased to US retailer Whole Foods Market.

The chain's Giffnock branch, which is due to open in November, will be the first in Scotland and its first outside London, creating up to 150 jobs.

Stuart Heslop, RBS head of real estate Scotland, said: "This new funding package demonstrates our ongoing support for the commercial property sector and wider economy in Scotland."

A spokesperson for Paradigm said: "We are delighted."