Demand for commercial property in Scotland rose in the last quarter, driven by an uptick in the office subsector, according to the latest Royal Institution of Chartered Surveyors (RICS) commercial property monitor. But there are signs of some caution amidst rising uncertainty and fiscal tension.
Commercial Property
Rents for refurbished office space in Glasgow have now exceeded that of new build properties by as much as £4.50 per sq ft, as seen at Aurora, 120 Bothwell Street, Savills has revealed.
Professional services consultancy Barnett Waddingham (BW), which operates across risk, pensions, investment and insurance sectors, has relocated its Glasgow office to flagship city development Cadworks. BW has moved from its previous home on West George Street to the seventh floor of the iconic buil
Shoosmiths has advised on a flagship letting on behalf of Kadans Science Partner (Kadans) of 40,000 sq ft to Chemify, a pioneer in the development of pharmaceuticals and biotechnology in the Health Innovation Hub (HIH), a new purpose-built life science facility at Govan, in Glasgow. The 87,000 sq ft
Savills has appointed Mhairi Archibald, one of Scotland’s most respected commercial auctioneers, as associate director within its UK auctions division. With over 25 years of experience, Ms Archibald brings deep expertise in commercial property sales, having held senior roles at JLL and Acuitus
Clydebuilt II Limited Partnership (CLP II), a joint venture between Scottish property company Ediston and Strathclyde Pension Fund (SPF), has acquired multi-let office Central Exchange at 20 Waterloo Street in Glasgow for a price in the region of £22m. Located in the heart of Glasgow’s C
Investor confidence in Scotland’s prime city centre retail and leisure markets is growing, with renewed interest in Glasgow and Edinburgh, according to the latest research from Lismore. This revival is being driven by strong tenant demand, attractive entry yields, and emerging signs of rental
A portfolio of seven office buildings in Aberdeen’s Westhill has been sold for £10.8 million, in the latest in a series of commercial property deals in the city.
Lismore Real Estate Advisors has released its statistics of the Scottish investment market for Q3 2025, revealing encouraging signs of renewed activity in the office sector. Total transaction volumes reached £440 million across 34 deals, representing a 3% increase on Q3 2024 and sitting 12% ab
Scotland’s commercial property market attracted nearly £1.5 billion of investment in the first three quarters of 2025, in line with the average for the previous five years despite ongoing uncertainty in the global economy, according to new analysis from Knight Frank.
Aberdeen’s share of Scottish commercial property deals has reached its highest point in years, as buyer and vendor expectations in the Granite City move closer together, according to new analysis from Knight Frank. The commercial property consultancy’s analysis of Real Capital Anal
Lismore Real Estate Advisors (Lismore) has completed the sale of Sentinel, one of Glasgow’s prime office buildings.
Aberdeen’s industrial property market demonstrated significant resilience in the first half of the year, with take-up on course to surpass 2024's annual total, despite the challenging macroeconomic backdrop and policy uncertainty, according to new figures from Knight Frank.
Matheson Lawson has added solicitor Donna Carson as director to spearhead its new commercial property department. The firm, established earlier this year by Maureen Matheson and Victoria Lawson, was launched with a focus on private client services and residential conveyancing. The expansion into com
Investors in Scottish commercial property are increasingly focusing their interests on high-quality, well-located assets – which is translating into fewer, but higher value deals – according to new analysis from Knight Frank.

