Commercial Property

Commercial property rent disputes between landlords and occupiers in Scotland saw a decrease in 2024, despite continued rises in prime rents across major occupier markets, according to new Knight Frank analysis.

Knight Property Group has announced the successful letting of three units at the refurbished Cults Business Park in Aberdeen, totalling approximately 3,700 sq ft. The deals underscore the strong demand for flexible commercial space in the region.

STV has become the latest tenant at Edinburgh's Orchard Brae House, taking 2,239 sq ft following a recent major refurbishment.

XSite Braehead has secured a combined £12.6 million investment in the site.

According to Savills, Aberdeen saw commercial property investment volumes total £357 million in 2024, three times the 2023 figure and over double the 10 year average of £160m.

Weightmans has relocated its Glasgow office to The Ink Building on Douglas Street. The move represents a significant investment from the firm into its Scottish practice, as well as demonstrating its commitment to ESG. The Ink Building is an environmentally friendly space with an EPC rating of A, ref

The industrial sector’s share of investment in Scottish commercial property has nearly doubled since the beginning of the Covid-19 pandemic, according to new research from Knight Frank. The independent commercial property consultancy’s analysis of Real Capital Analytics (RCA) data found

Infrastructure solutions company Costain has moved into a new office in Aberdeen. The office investment is in response to Costain’s growing customer base in the energy sector and will service engineering, energy resilience and energy transition projects in Scotland and across the UK.

The 'big six' regional office markets across the UK – Manchester, Leeds, Birmingham, Edinburgh, Glasgow and Bristol – are experiencing a significant rise in the number of law firms looking for premium real estate to drive talent attraction and retention, according to Savills. Demand for

The Whisky Bond – one of Glasgow’s commercial hubs for creative businesses – has announced that in the last 12 months, it has let more than 6,500 sq ft of space to nine new or expanding tenants. A new cafe (open to both tenants and the public) and run by the owner of local business

With assistance from Avison Young, renewable recruitment firm Taylor Hopkinson has secured new 10,812 sq ft office premises in Glasgow city centre. Avison Young carried out a comprehensive search of the office market on Taylor Hopkinson’s behalf and negotiated terms to secure the space.

Aberdeen’s Energy Transition Zone (ETZ) accounted for 35% of the city’s take-up from industrial occupiers last year, rejuvenating the city’s southside and helping to deliver the third best year of the last decade.

Savills, on behalf of Old Park Lane Management (OPLM), has sold a Glasgow building, comprising 98 Buchanan Street and 31 Royal Exchange Square, to Cervidae for £13.775 million. Having completed the asset management plan, OPLM is focusing on its core strategy of large-scale central London devel

Aurora Energy Services has invested £750,000 in securing a new larger office building in Aberdeen to support its ambitious expansion programme. The company has acquired the lease for the 7,000 sq ft Ury House in Howe Moss Crescent, Dyce, which has been renamed Aurora House.

Sean Fraser, a commercial property solicitor at Holmes Mackillop, has called for the reintroduction of the Business Premises Renovation Allowance (BPRA) to tackle derelict buildings in Glasgow city centre. The original BPRA, which ended in 2017, offered a 100% initial allowance for costs associated