Angus Land Company buys Wellbank site for proposed £480m Hyatt-linked resort

Scottish Construction Now reported that Angus Land Company Ltd acquired land at Shank of Omachie, near Wellbank in Angus, for the proposed Brae of Angus resort development. The scheme is described as a roughly £480 million hospitality investment and includes a Hyatt-branded five-star hotel alongside lodges and other leisure elements. The article did not disclose the seller or the land purchase price.