Pinsent Masons is preparing for further growth with a move to a landmark Glasgow city centre office after signing up to become the first tenants of the £35 million Lucent Building, which is being developed by Orion Capital Managers.
Knight Frank
Properties that create social spaces and encourage a sense of community can be a starting point to encourage people back to the office, writes Lyndsay Clark. It is no secret that some employers have struggled to get staff back into the office following the pandemic. Initially, companies tried to lur
Two prominent office buildings in Glasgow have changed hands for just over £18 million, in two of the city’s biggest deals so far in 2023.
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
Knight Frank has strengthened its building consultancy division in Scotland with the appointment of seasoned surveyor Alan Sime. Mr Sime has re-joined the firm as an associate in Glasgow, having started his career with Knight Frank in the city as a placement student and, subsequently, graduate in 20
Scott Hogan discusses the recent changes to Scotland's business rates regime, with a focus on the devolution of power to alter empty property relief to local authorities, and the varied impact of these changes on commercial property owners and occupiers across different regions. April brought in a w
Work has begun on a major refurbishment project at a well-known George Street building, which will deliver the first ‘defurbished’ office space on one of Edinburgh’s main thoroughfares.
Edinburgh's office market has experienced a robust beginning to the year, driven primarily by the technology, media, and telecommunications (TMT) sector, despite facing significant macro-economic challenges, according to recent analysis from Knight Frank.
Neil Kirk discusses the unintended consequences of rent freezes in Scotland, which have negatively impacted tenants, caused a shortage of rental properties, and deterred investment in the residential property sector. During a cost-of-living crisis, it might be difficult to feel sympathy for landlord
New rules being brought in as part of changes to the non-domestic rates system in Scotland could cause confusion for landlords and property investors, particularly in the industrial sector, according to Knight Frank. Among the changes being brought in as part of the most recent settlement between th
The latest analysis has shown that Edinburgh continues to have the lowest retail vacancy rate of the UK’s major cities, excluding London, despite the introduction of St James Quarter.
Take-up of industrial property in Aberdeen has risen to its highest level in almost a decade during 2022, as a high oil price and greater interest in renewables boosted activity in the energy sector and its supply chain, according to Knight Frank. The independent commercial property consultancy&rsqu
Office take-up in Aberdeen rose by 96% last year compared to 2021, buoyed by the sustained high oil price, according to Knight Frank.
Edinburgh’s office market saw a record number of regears during 2022, as occupiers decided to stay put amid economic uncertainty, according to analysis from Knight Frank.
More than £30 million of commercial property assets recently being brought to the market in Aberdeen is a sign the tide has turned in the city, according to Knight Frank.