UK real estate investment firm Praxis has completed the acquisition of Glasgow's St Enoch Shopping Centre, in a deal estimated to be worth £50m. The 12-acre site occupies a prime location at the intersection of Buchanan Street and Argyle Street, adjacent to Glasgow Central Train Station. The s
Commercial Property
CBRE Global Workplace Solutions (GWS) and DC Thomson have entered into a long-term facilities management agreement, enabling a step-change in the delivery of technical services across the media company’s property portfolio. As part of the agreement, CBRE will deliver hard services across 17 si
Stephen Lewis discusses the challenges impacting Scotland's commercial property development, its economic consequences, and advocates for a collaborative public-private sector approach to stimulate growth. Scotland’s commercial property sector has undergone some significant changes in the last
Edinburgh has the most productive retail floorspace of any major UK city outside of London, with Glasgow close behind, as Scotland’s two largest cities continue to demonstrate their attractiveness as retail destinations, according to Knight Frank.
SME property lending specialist Assetz Capital has provided a £1.94 million funding package for a new industrial estate in the Cairngorms. The funding will facilitate the creation of high-quality light industrial units that address a growing demand in one of Scotland’s most popular touri
Scotland’s commercial property market continues to see increased interest as both investor and occupier demand rose firmly in the first quarter of the year, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. Overall occupier demand rose at the
A joint venture between Buccleuch Property and Sir Robert McAlpine Capital Ventures has completed the acquisition of 101 Centre Street, Glasgow. The latest investment by the 50/50 JV shows the commitment of both companies to being part of the continued growth and regeneration of Glasgow’s vibr
Investment in Scottish commercial property totalled more than £300 million in the first quarter of 2025, marking a subdued beginning to the year, according to Knight Frank. The commercial property consultancy’s analysis of real capital analytics (RCA) data found that there were £31
The UK has collected only 3% of the financial penalties issued to offshore companies failing to comply with transparency laws designed to reveal the true owners of UK property. Figures from Companies House reveal that since January 2023, just 14 out of 444 fines levied against non-compliant firms ha
Administrators overseeing the sale of a historic 24-room Scottish boutique hotel have appointed specialist hotel agent Colliers to market the business and property in Inveraray for offers over £2.85m.
Edinburgh-based Unbranded Finance, the UK-based non-bank real estate lender, has advanced a new £15.5 million senior loan facility to Ziser London to assist with delivering the developer’s flagship redevelopment of the former Fulham Town Hall, located directly opposite Fulham Broadway st
Edinburgh office take-up rose more than 25% year-on-year during the first quarter of 2025, but the lasting effects of the Covid-19 pandemic could curb activity for the remainder of the year, according to Knight Frank.
Edinburgh's office letting market remained steady in the first quarter (Q1), with property services firm JLL reporting nearly 140,000 sq ft of space transacted.
Purpose-Built Student Accommodation (PBSA) continues to be a shining light in the Scottish commercial property investment market, according to the latest investor research on the living sector conducted by leading independent property advisory firm, Lismore Real Estate Advisors. A majority (72%) of
Over a third of property experts have identified tax restrictions announced in the 2024 Autumn Budget as a major impediment to real estate investment this year. This is according to RSM UK's Real Estate 360 survey, which recorded 35% of businesses saying that additional tax restrictions will be a ke