Shepherd Chartered Surveyors has secured the top spot in commercial property search expert NovaLoca’s annual disposals report for the second year in succession. The report analysed 49,500 property adverts, comparing properties across all sectors: retail, industrial, leisure, office, and land.
Commercial Property
MEININGER, an international hotel chain, has announced it will expand its footprint to Edinburgh by transforming a 1970s office building into a new hotel. The project, a collaboration with property developer S Harrison, will refurbish Osborne House in the Haymarket area into a 157-bedroom hotel, fea
The Easdale Investment Group, under the ownership of brothers Sandy and James Easdale, has further expanded its property portfolio in Scotland with the acquisition of a new industrial unit in Renfrew. The site, located at Meadowside Street within the Neil Street Industrial Estate, was previously hel
Sandy and James Easdale have expanded their commercial property holdings with the acquisition of Kingston Industrial Estate in Inverclyde from Peel Waters Limited, the property development arm of Peel Group, for an undisclosed sum. The estate at Port Glasgow is located at Kingston Dock, adjacent to
Affluent individuals and families have been presented with a once-in-a-generation window of opportunity to invest some of in Edinburgh's most sought-after commercial properties.
Edinburgh's commercial property market has witnessed a notable surge in investment, already surpassing the previous year's total despite a tough economic backdrop.
CEG's Verdant office development, located in South Gyle Business Park, west Edinburgh, has successfully clinched two significant lease agreements. Distribution firm Menzies has chosen Verdant for its new headquarters, occupying a substantial 7,500 square feet space. Property management speciali
Edinburgh's office market is showing resilience in the face of economic headwinds, with office space take-up rising to 334,510 sq ft by the end of Q3 2023 – a 25% increase on last year’s figure, according to Savills.
Occupier demand for Scotland's commercial property market has stagnated in the most recent quarter, as per the Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.
An office building in East Kilbride, close to Glasgow, has been snapped up for £4.3 million, following intense bidding. The property, Orbital House, is situated in Peel Park business park, the largest town in Scotland, and was purchased by an investment entity backed by HKIP. The acquisition w
Real estate advisor CBRE, on behalf of the landlord Signal Capital, has successfully facilitated a ten-year lease agreement for Scottish Daily Record and Sunday Mail Limited, a Reach Plc subsidiary, at 55 Douglas Street in Glasgow. The new occupier as taken the entire first floor of 55 Douglas Stree
Despite a summer dip in take-up, Edinburgh's office market has begun "moving in a positive direction" as organisations recognise the post-pandemic advantages of maintaining a central hub for employees, according to Knight Frank.
Logistics firm Rix Shipping (Scotland) Ltd has announced it is set to inject over £3 million into Montrose's local economy, reinforcing its longstanding presence in the region.
The third quarter of 2023 has seen continued momentum in Scotland’s major office markets in Glasgow and Edinburgh, despite prevailing economic pressures, according to the latest figures from real estate advisor CBRE.
Knight Property Group has secured a significant deal at its £20 million landmark green office building in Edinburgh Park, with Lumacron Technology having moved its headquarters to 4-5 Lochside Avenue, in Edinburgh Park.