News

Paul Broad New figures have revealed almost half of all transactions for office space in Glasgow in 2017 was by the public sector, following two major Government Property Unit deals at the end of the year.

Fourth quarter UK GDP came in at a modest, but still higher-than-expected, 0.5 per cent quarter-on-quarter, according to latest official figures, marking the best quarterly performance since the last three months of 2016.

Property consultancy CBRE has been tasked with selling the former Dunnes department store on Glasgow’s Sauchiehall Street.

Mark Shepherd An estimated £31 million is expected to be paid by trade credit insurers to help firms in the supply chain recover from the collapse of Carillion, the Association of British Insurers has announced.

Jamie Dimon The chief executive of JP Morgan has admitted that the US investment bank could be compelled to shift more than 4,000 of its UK-based staff abroad if Britain crashes out of the European Union in a so-called ‘hard Brexit’ scenario.

Blairfindy Castle Moray A new Bill has been submitted to the Scottish Parliament outlining the long-term future of land and property management organisation Crown Estate Scotland.

Adam Jennings Chartered surveyor Adam Jennings based in the Glasgow North office of DM Hall Chartered Surveyors on the intricacies of valuing churches

Nick Penny Investment into Scottish commercial property in 2017 reached £2.3 billion, 37 per cent ahead of the 10 year annual average (£1.7bn) according to international real estate advisor Savills.

The number of properties listed on Airbnb in Edinburgh has nearly tripled, according to new research.

Court of Session A property developer who entered into an agreement with a bank to sell 26 homes he had purchased with loan funding after he became liable to repay more than £2.5 million in loans is challenging a bid by the lender Clydesdale Bank to terminate the contract.

The number of mortgages given out by UK banks has dropped to its lowest level for nearly five years, according to new industry figures.

Pension savers last year withdrew £6.5 billion using the freedoms introduced in 2015, an almost £1 billion increase on the £5.7bn taken out in 2016, according to latest data released this week by HM Revenue and Customs.

Dundee-based investment firm Alliance Trust has sold more than four million shares in Liontrust Asset Management, netting around £21 million on the deal.

More than £200,000 worth of deposits have been left unclaimed by Edinburgh tenants and for the first time anyone who thinks they might be owed money can check what they’re due at Scotland’s first ever ‘deposit clinic’.

Aberdeen-headquartered subsea company Enpro Subsea has secured investment from EV Private Equity (EV) to grow its business as a new report reveals growth confidence within the oil and gas industry has risen globally from 32 per cent in 2017 to 63 per cent this year.