Parabola

About Parabola

Parabola is a real estate operator. Parabola operates in Edinburgh, Scotland, United Kingdom (UK) and London, United Kingdom (UK). Its investment focus is on Affordable Housing, Condominiums and Industrial.

Parabola is a private real estate development and investment firm founded over 25 years ago by Chairman Peter Millican OBE. Operating across the UK with a team averaging 10 to 50 employees, the company maintains regional offices in Edinburgh, Newcastle, and London. The firm focuses its real estate strategy on design-led urban regeneration, high-quality commercial office developments, logistics, and master-planned mixed-use communities. Its operational platform targets long-term value creation through architectural excellence, sustainable infrastructure, and integrated cultural and civic amenities. The enterprise has built an extensive UK investment track record, acquiring over 3 million square feet of light industrial and logistics space across 38 sites valued at more than £95 million. Landmark achievements include Kings Place in London—a 500,000-square-foot mixed-use arts and commercial development—alongside Central Square and Central Square South in Newcastle, and the Johnnie Walker Experience on Edinburgh's Princes Street. Its flagship master-planned development is the 42-acre Edinburgh Park urban quarter, incorporating up to 1 million square feet of commercial space, 1,800 residential homes, and a planned 8,500-capacity arena.

Principals at Parabola