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
Knight Frank
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.
Knight Frank has sold Edinburgh’s only Wickes store for over the asking price in a £6 million deal. The prominent 21,935 sq. ft. property on Stevenson Road is let to building supplies provider Wickes on a long-term lease and had been marketed for just over £5.6m. The higher £
Aberdeen’s office market is on course to exceed 400,000 sq. ft. of take-up during 2022, despite take-up easing in the third quarter, according to Knight Frank. The independent commercial property consultancy said that 47,926 sq. ft. of office space was transacted in the Granite City between Ju
A strong third quarter for take-up has helped the Edinburgh office market defy the economic gloom, according to new analysis from Knight Frank. The independent commercial property consultancy found that 121,236 sq. ft. of office space was transacted in Edinburgh city centre between July and Septembe
Scotland’s share of the UK’s film studio space continues to grow, as more re-purposed properties and studio conversions underpin the ambition of making the country a hub for high-end productions, according to new analysis from Knight Frank. The independent commercial property consultancy
The pound’s fall could see overseas investors’ share of investment in Scottish commercial property reach record levels, according to Knight Frank after data for the first three quarters of the year showed they account for more than half of current volumes.
Three prominent retail and office buildings on Edinburgh’s George Street have been sold in a deal that defies the gloom recently associated with the retail sector. Broadlands Properties Ltd has acquired 86, 88, and 90-92 George Street from a client of CBRE Investment Management, with the multi
More than half of the office space transacted in Edinburgh city centre during the Covid-19 pandemic has been Grade A, with larger occupiers vying for the best available stock, according to analysis from Knight Frank. The independent commercial property consultancy found that 56% of the office space
Sodexo, the facilities management and food services provider, has relocated its Aberdeen offshore support base operation to Denmore Industrial Estate.
Knight Frank: Scottish commercial property investment hits pre-pandemic levels in first half of 2022
Scottish commercial property enjoyed its best first half of the year for investment volumes since 2018 as the market continued its recovery from the Covid-19 pandemic, according to new analysis from Knight Frank. The independent commercial property consultancy found that £1.2 billion of commer
The office market in Aberdeen has seen a stable recovery, from the effects of the pandemic, in a relatively positive first half. Last quarter with another 60,000 sq. ft. of space has been transacted, according to Knight Frank.
The number of disputes between commercial occupiers and landlords in Scotland being referred to third-party resolution is on track to be the lowest in a decade, according to new analysis from Knight Frank. The independent commercial property consultancy obtained figures from the Royal Institution of