Economic growth in Edinburgh and Glasgow is set to more than double in 2022 while the two cities are also predicted to achieve record levels of employment, according to forecasts published by strategic real estate advisor Avison Young.
Transport Scotland will relocate its headquarters to HFD Group’s 177 Bothwell Street in Glasgow, in a move that will support the organisation’s environmental, social, and governance (ESG) objectives. Scotland’s national transport agency has secured 50,000 sq. ft. across two floors
During the first quarter of 2021, office take-up Glasgow city centre was 250,659 sq. ft., which was up a whopping 66% on the 10-year average, according to real estate advisor Avison Young. According to the firm's latest quarterly Glasgow office market update, for out of town, there was similar subst
Avison Young has acted on the off-market acquisition of two modern prime DPD industrial units for around £20 million, on behalf of its client Aberdeen Standard Investments. The stand-alone units were purchased from real estate investment company Riverside Capital who had previously bought the
Strategic real estate advisor Avison Young has released its latest quarterly Big Nine office market update, revealing that Glasgow and Edinburgh city centre offices have experienced the highest take up in over 18 months. Total take-up during Q2 in Glasgow city centre was 142,821 sq ft – down 1
Strategic real estate advisor Avison Young has predicted a busy summer for Inverness’ hotel market. The firm has highlighted the incoming ‘staycation boom’ expected for the Highlands over the coming months, as the city’s newest hotel, the River Ness Hotel, prepares to officia
Real estate advisor Avison Young has released its latest UK Cities Recovery Index data for Edinburgh and Glasgow, highlighting market activity and the speed and trajectory of the recovery following the ongoing impact experienced across the cities as a result of Covid-19. Reduced restrictions and dec
The hotel sector is an important driver for the economic growth of Glasgow with the industry supporting strong commercial and leisure demand that is expected to continue into 2020, according to a new report by Avison Young. The report expects the city’s buoyant hotel sector to continue to grow
Wellness and stylish city living are amongst the key focuses for Glasgow's commercial real estate market whilst and further overseas investment is expected for Edinburgh, according to the 2020 Commercial Real Estate Forecast from Avison Young.
Glasgow boasted the highest levels of city centre take-up of any of the UK's major regional office occupier markets in the third quarter of 2019, according to a new report. Commercial real estate services firm Avison Young today published its latest research on regional office activity across the "B