Burges Salmon completes tenth land acquisition for Oxygen Conservation
Burges Salmon has completed its 10th UK land acquisition for Oxygen Conservation, a company committed to protecting and restoring nature and the built environment through conservation projects.
With the ambition to ‘Scale Conservation’, Oxygen Conservation tackles the climate emergency and biodiversity collapse through the purchase and management of land to protect and restore natural processes. It achieves this through carbon sequestration and storage by creating new woodland and restoring peatland, landscape connectivity, regenerative agriculture, renewable energy generation and sustainable development.
In Scotland, Burges Salmon has advised on the acquisition of two major landholdings, namely the Invergeldie Estate, near Comrie in Perthshire, and Blackburn and Hartsgarth, part of Langholm Moor. Together, both estates cover more than 22,500 acres. Alongside these significant purchase transactions, the firm also advised on a landmark multi-million-pound loan facility made by Triodos Bank UK in what is believed to be the largest conservation-focused commercial debt package in the UK to date.
Ross Simpson, real estate partner at Burges Salmon, said: “We are incredibly excited to see how Oxygen Conservation is transforming and enriching these ten sites for the good of our planet and our communities, and we look forward to continuing to support its journey and ambition which is redefining what it means to do conservation. Sustainable forward-thinking is embedded within our culture at Burges Salmon and, as a responsible business, we are proud to share, to inspire and to be part of that vision with Oxygen Conservation.”
Kate Seymour, real estate director at Burges Salmon, added: “We have felt incredibly fortunate to work alongside Oxygen Conservation on such potentially transformative and valuable projects, and we are looking forward to supporting them in the next phase of their future acquisitions.”