Commercial Property

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

A recently updated report has revealed that the City of Edinburgh Council's investment in commercial property is bolstering local businesses while generating over £15 million annually for crucial public services. The council’s revamped Commercial Property Strategy, approved by the Financ

In two separate transactions totalling nearly £40 million, two Edinburgh office properties have been acquired by FSX Holdings and Catella APAM. The properties in question, 7 Castle Street and Caledonian Exchange, form part of a growing trend of investor interest in core-plus assets in Edinburg

AM Alpha's newly refurbished landmark office development, 200 Broomielaw, has officially been launched on the Glasgow city centre market. Positioned uniquely in the heart of the city, the property sits adjacent to numerous amenities and transport links while also providing views of the River Clyde w

Scottish commercial landlords are grappling with new energy performance certificate (EPC) legislation and future decarbonisation targets, according to a report by audit, tax and consulting firm RSM UK. Increases to minimum EPC ratings have already been legislated in England and Wales, with all comme

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 a transaction brokered by Shepherd Chartered Surveyors for FWM Investments, the Aberdeen-based headquarters of optician Duncan & Todd has been sold to a private property firm for £1.75 million, reflecting a 7.5% yield. Occupying a total of 15,400 sq ft, the property at Unit 4 Kirkhill C

Edinburgh-based Buccleuch Property has extended its reach into the retail warehouse market with the acquisition of Halfords' retail warehouse in Slough. This purchase builds upon the company's investment strategy, which includes the 2022 purchases of the West Retail Park in Uddingston and Colchester

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.

A proposal to breathe new life into a series of buildings at the point where Edinburgh’s West End and city centre meet has been confirmed with the submission of plans to City of Edinburgh Council by Chris Stewart Group (CSG).

CBRE has successfully filled the last vacant unit at Berryden Retail Park in Aberdeen by securing The Food Warehouse as a tenant on behalf of Frasers Group. The 15,156 sq ft Unit 2 will be rented at an initial rate of £250,000 per annum. The Food Warehouse, part of Iceland Foods Group, is curr

Occupier demand for commercial property in Scotland rose for the first time since Q2 2022, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor, however the industry continues to face a challenging environment. A net balance of +5% of respondents in Sco

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.