Commercial Property

Global real estate advisor CBRE, in partnership with Graham and Sibbald, has unveiled to the market a new Aberdeen office development, The Apex, situated in Dyce. The building, which recently featuring in the film “Tetris”, is undergoing extensive refurbishment works.

Edinburgh's George Street has shown remarkable resilience with a surge in rental prices and a rapid decline in vacancies.

Scottish property firm SRE Group, formerly known as Standard Real Estate Ltd, has confirmed two fresh lettings at 10 Bothwell Street in Glasgow's city centre. Crondall Energy Consultants, an independent consultancy for offshore energy projects, and DA Calder, an independent financial adviser of

Global real estate advisor CBRE has been appointed to sell a cinema portfolio, which encompasses eight establishments across the UK. One of the cinemas is in Clydebank, with the others located in other parts of the UK.

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

Industrial leasing activity in Scotland reached an 18-month high in the second quarter of 2023, with take-up figures reaching 1.3 million sq ft. This surge was driven by five major transactions involving properties larger than 50,000 sq ft. In comparison, there was just one such deal in the precedin

Real estate advisor CBRE has released its latest figures on the Scottish office market during the second quarter of 2023, showing a shifting landscape.

Occupier demand in the commercial property market in Scotland fell flat through Q2 2023, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor but surveyors appear more optimistic about the market in the three months ahead. A net balance of 2% of respon

Pinsent Masons is preparing for further growth with a move to a landmark Glasgow city centre office after signing up to become the first tenants of the £35 million Lucent Building, which is being developed by Orion Capital Managers.

Chartered surveyors DM Hall alongside property agents Ryden have brokered a new five-year lease for Aberdeen-based company, Trojan Crates, for one of the refurbished industrial units at 1-7 Crombie Road, near the city centre and Port of Aberdeen. The industrial unit, which is part of a seven-unit fa

The historic building home to the Faculty of Advocates in Edinburgh is to be transformed into an aparthotel. GIVB Ltd, a joint venture between Sundial Properties Ltd and aparthotel operator Destiny Scotland Ltd, has had its application to convert 17 George IV Bridge into a nine-unit a

Scotland's investment market in Q2 2023, characterised by a downturn of 35% on 2023 figures but still 6% above the five-year average, has witnessed a significant number of retail deals despite macroeconomic uncertainties, according to a review by Lismore Real Estate Advisors. The firm's review of th

Real estate advisor CBRE has finalised the off-market sale of Glasgow's historic Forsyth Building on behalf of Ambassador Group. A London-based private investor, represented by Landswood De Coy, secured the deal for £9.7 million.

Four new businesses have been confirmed as tenants at Framework, a contemporary city centre workspace on 124 St Vincent Street in Glasgow. Real estate advisor CBRE, alongside joint letting agent Ryden, secured the new occupiers on behalf of Shelborn Asset Management, owner of the 36,460 sq ft of off