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Buying Scotland

Billionaire Danish fashion magnate, Anders Holch Povlsen, has become the second-largest private landowner in Britain with the purchase of the 20,000 acre Gaick estate in Inverness-shire.

 Povlsen already owns the Glenfeshie, Ben Loyal and Kinloch estates, has increased the 43-year-old's land portfolio in Scotland to around 150,000 acres. It is second only to that of the Buccleuch Estates, with an estimated 280,000 acres. He has been criticised in some quarters for mounting a "land grab" of Scotland to take advantage of farming subsidies.

Rob Gibson MSP, a member of the Scottish Government's Land Reform Review Group, told The Herald:"It will be interesting to see what plans this gentleman has in terms of biodiversity and the local community. Some estates are used as private kingdoms by their owners..."

Povlsen, whose family owns Bestseller, the Danish fashion company that last year had a turnover of £2bn, also has substantial farming interests in h…