Commercial Property

Elementz, a new provider of subsea asset integrity management software and subsidiary of Aize, has leased a 1,565 sq ft office at the Enterprise Centre in Aberdeen Energy Park. The three-year lease will support Elementz's growth plans in the North East, providing space for its 15-strong team. Elemen

Recent activity in Edinburgh's property market has underlined the strong investor appetite to acquire quality properties in the Scottish market, according to legal firm Lindsays. Ownership of the 100-bedroom Kings Manor Hotel, a short walk from Portobello beach, recently changed in an off-market dea

Lender and investor sentiment has improved compared to 12 months ago, Savills revealed at its 36th Financing Property presentation.

Multinational distribution and outsourcing firm Bunzl UK Ltd has secured a 10-year lease for a 29,000 sq ft unit at the award-winning Belgrave Logistics Park in Bellshill. The move from their nearby Uddingston branch sees them join other recent tenants like Wincanton, RES, and Likewise at the s

Scottish commercial property investment reached £360 million in the first quarter of 2024, according to Colliers’ latest Scottish snapshot. Whilst volumes have dropped from the final quarter of 2023 (£420m), the Q1 figure marks a 44% uplift on the same period last year.

The number of commercial property rent disputes between landlords and occupiers rose for the first time since 2016 as more cases had to be referred to a third party for resolution, according to Knight Frank. The independent commercial property consultancy obtained figures from the Royal Institution

Glasgow’s 122 Waterloo Street has been put up for sale by its owner – a client of Knight Frank Investment Management – in what could be one of the biggest deals in the city’s office market during 2024. Knight Frank and Cushman & Wakefield have been jointly appointed to ma

Edinburgh’s Audi dealership, located on Bankhead Drive in Sighthill, has traded hands in a deal worth £9.1 million.

Scottish property firm, The SRE Group, has reported a bustling first quarter in 2024, marked by securing five new lettings in its Glasgow portfolio.

Scotland's overall occupier demand for commercial property rose in the first quarter of the year, according to the Royal Institution of Chartered Surveyors (RICS). RICS' Commercial Property Monitor shows the increase is driven by strengthening demand for office and industrial space, with a net

A planning application has been submitted for a £10 million employment hub with industrial space for up to 10 businesses at Ravenscraig, one of Europe’s largest brownfield regeneration sites. The firm behind the development, Fusion Assets, was established by North Lanarkshire Counci

Investor confidence in Glasgow's city centre market is growing, with 89% of investors anticipating increased investment opportunities over the next year, research by Lismore Real Estate Advisors has shown.

Indicating a positive start to the year for Scotland's commercial property market, Q1 2024 transaction volumes grew 33% year-on-year to £431 million. According to the latest figures published by property advisory firm Lismore Real Estate Advisors, pricing is showing signs of stabilisation, wit

Investment in Scotland’s commercial property market has experienced a notable rebound during Q1, as inflation comes under control and a cut to interest rates looks more likely, according to analysis from Knight Frank.

The Edinburgh office market is experiencing a surge in rents for high-quality space, driven by a lack of available prime Grade A accommodation, according to property consultancy Cushman & Wakefield. The market delivered solid take-up in Q1 2024 totalling 209,000 sq ft. The letting of 103,000 sq