In the second quarter of 2023, Scottish commercial property experienced a surge in investment, reaching £320 million, according to Colliers' Scotland Snapshot. This is a significant rise from the £250m of Q1, yet it remains 35% lower than the five-year quarterly average of £490m. T
Colliers
The Flodigarry Hotel on the Isle of Skye has brought to market by Colliers with offers starting at £3.5 million.
The commercial real estate market in Scotland started 2023 on a sluggish note, with only £250 million worth of transactions, a sharp drop from the five-year quarterly average of £550m, according to a recent report by Colliers.
The Livingston Trade Park, jointly represented by real estate firms JLL and Colliers, has achieved full occupancy with the addition of YESSS Electrical as the final tenant. Northwood Urban Logistics, the owner of the 40,274 sq ft estate, has let all its units to various tenants including City P
In 2022, Scotland's hotel market showed considerable strength, with Edinburgh retaining the top position in Colliers' 2023 UK Hotel Market Index, joined by Inverness and Glasgow in the top ten.
Ryden and joint agents Colliers have announced that Inchwood Park, one of West Lothian's most sought after multi-let industrial estates, is now fully let following three successful lettings.
Investment into Scottish commercial property has reached £2.088 billion in 2022, according to the latest Scotland Snapshot from Colliers.
Edinburgh and Glasgow have ranked second and third in commercial real estate firm Colliers' latest Top UK Residential Investment Cities report.
Those affected by significant changes in their business rates bills will have very little time to react and appeal, Colliers has warned as new legislation is implemented.
Investment into Scottish commercial real estate saw a significant slowdown in the third quarter of 2022, with just £200 million transacted according to Colliers, in its latest Scotland Snapshot.
Investment into Scottish commercial real estate reached a four year high in the first six months of 2022, according to Colliers’ latest Scotland Snapshot.
Scottish-based Christies Parks has been sold to Park Holidays, as the UK company continues expanding its portfolio of holiday locations. Commercial real estate firm Colliers arranged the deal on behalf of Christies Parks Ltd, to sell the pair of holiday parks to Park Holidays, off a guide price of &
Quarterly investment volumes into Scottish commercial real estate reached £460 million in Q1 2022, up from £380m a year ago, according to Colliers’ latest Scottish Snapshot. According to Colliers, at £140m, retail investment accounted for 30% of all activity by value.
Colliers expects UK all-property total returns growth to moderate to 9.6% in 2022 and 6.4% in 2023 as rental growth slows and yields stabilise, following a six-year high of 16.5% in 2021. The industrial sector will continue to remain popular with investors this year as will retail warehouses, prime