Commercial Property

Office take-up in Aberdeen has rebounded during the third quarter of 2024 after a slow start to the year, according to Knight Frank.

International real estate advisor Savills, on behalf of Park Holidays UK Ltd, has sold the freehold of Turnberry Holiday Park in Girvan, Ayrshire to Turnberry Holiday Park (Scotland) Ltd, for an undisclosed price.

Surveyors anticipate that commercial property market conditions in Scotland will improve, with rents and capital values expected to pick up after a lacklustre third quarter, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. A net balance of 1% of su

SSE is to expand its Glasgow presence following a letting agreement for Aurora at 120 Bothwell Street.

Glasgow businessman David Low has sold The Arlington, an iconic Glasgow pub he purchased three years ago, for an undisclosed sum to experienced operator Peter Di Ciacca, owner of Riva Restaurants. The bar, which has been operated continuously on the same Woodlands Road site since 1860, is one of the

Edinburgh-based residential and commercial property developer AMA Newtown has confirmed it is the preferred bidder for Summerhall, the arts venue which was faced with a winding up petition at the start of this month. AMA has pledged that the arts will remain a priority in developing a sustainable fu

Investment in Glasgow offices has already surpassed last year's total, reaching £198 million in the year-to-date, a 46% increase from 2023's £136m, according to Knight Frank. The deals figure signals a recovery in the city's commercial property market following the sharp rise in interest

Edinburgh’s Orchard Brae House has secured three lettings in close succession, following the completion of an extensive refurbishment programme at the office building.

A prime Edinburgh retail property housing a Waitrose supermarket and Kwik Fit garage has been sold for over £18.15 million. Located at 145 Morningside Road and 7-13 Falcon Road, the property comprises a 33,347 sq ft retail space for Waitrose and an adjoining 12,795 sq ft garage for Kwik Fit. B

BNP Paribas Real Estate, part of the BNP Paribas Group, has announced that Morgan Stanley's Glasgow office has been acquired by French investment firm Iroko Zen in a deal worth more than £50m, cementing the largest office transaction in Scotland so far this year. The property at 122 Waterloo S

Scottish businessmen Sandy and James Easdale have expanded their £800 million property portfolio with the purchase of the Inverclyde industrial site formerly owned by global packaging manufacturer Berry bpi. The brothers acquired the 5.42-acre property on Port Glasgow Road as momentum builds f

Investor confidence in the stability of prime asset pricing is growing, according to research by Lismore Real Estate Advisors. Nearly two-thirds (65%) of investors believe pricing as "found its level", with nearly 90% of funds and investment managers sharing this view, according to an investor surve

International architecture firm BDP has relocated its Glasgow office to the iconic Grosvenor Building at 72 Gordon Street opposite Glasgow Central Station. The move, facilitated by Ryden's office agency team, sees BDP occupy the entire 8,584 sq ft second floor of the building, originally designed in

Edinburgh office prices are likely to rise in the coming years due to a "quiet construction pipeline", property services firm JLL has said.

There is currently as much as 750,000 sq ft of occupier demand still looking for office accommodation across Glasgow due to a shortage of quality options available in the city, according to data from Savills. While the take-up of office space in Glasgow city centre reached 177,514 sq ft in H1 2024,