Investment into Scottish commercial property has reached £2.088 billion in 2022, according to the latest Scotland Snapshot from Colliers.
Property
Estate and letting agents firm DJ Alexander has called on the Chancellor to use next week's budget to provide support for the housing market. The firm believes that supporting the housing market through more relaxed planning regulations and financial incentives for property investors would benefit t
A two tier commercial market has emerged in Aberdeen, where "rents and terms are holding up for ‘best in class’ buildings, but functionally or locationally obsolete buildings are struggling" according to Savills. The comments reflect activity in the last year with Savills recording
Scotland’s top-end market witnessed an extraordinary period in 2022, with a record 491 residential transactions at £1 million and above, according to Savills' latest research. This included the highest price ever paid for a residential property in Scotland, Seton Castle in East Lothian,
All ten units have been let at the first phase of Knight Property Group's Langlands Commercial Park. The remaining space at the East Kilbride development has been let to James Raeburn & Sons, Munro EV and Kukoon Homes who have all agreed five-year leases on the 2,500 sq ft units. Other occu
House price rises in rural and coastal communities have soared above the Scottish average, sparking warnings that a housing crisis is stopping the Highlands and islands from becoming a “northern powerhouse”.
Savills has forecast that investment in commercial property in Scotland this year will surpass the £2.39 billion that traded last year in a reversal of 2022’s strong start and weak finish. In its latest UK Commercial Market in Minutes the firm suggests low transaction volumes will remain
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
Last year, the Scottish housing market broke the record for £1 million+ sales in a year, with 504 transactions passing the landmark price, according to a new report. The figures from property firm Rettie & Co., who were involved in the sale of more than one in five transactions in excess o
Aberdeen house prices have decreased -0.8% in Q4 indicating a slight downward shift in the local market against Q3 2022, but also show a "degree of resilience", according to the latest Aberdeen Housing Market report.
New buyer demand, sales and listings in the Scottish housing market were all reported to be on a downward trend in January according to the latest RICS (Royal Institution of Chartered Surveyors) Residential Market Survey.
Estate and letting agents DJ Alexander Ltd found that the number of properties advertised for sale has increased by 75% in Glasgow comparing February 2022 with February 2023. Similarly the number is up 37% in Perth; 34% higher in Edinburgh; 28% greater in Dundee; 25% up in Inverness; but 10% down in
The 18-hole links style Spey Bay golf course has been brought to market by joint agents Shepherd Chartered Surveyors and Strutt & Parker for an asking price of £750,000.
Property taxes in Scotland have increased by nearly a quarter of a billion pounds in the last year compared to the pre-pandemic period according to analysis of the latest statistics by property firm DJ Alexander Ltd. The Scottish lettings and estate agency, which part of the Lomond group, said that
Shepherd Chartered Surveyors has leased the upper floors of Glasgow's iconic Teacher building to Sonder and is bringing to market a prime city centre bar and restaurant opportunity on the ground and lower ground floors.