Property

House prices in Scotland continued to rise through the last quarter of 2022, but at the slowest rate since mid-2020 according to the December 2022 RICS UK Residential Survey.

Capreon has acquired Edinburgh Quay, a city centre complex of three office buildings in the capital, for £36.8 million.

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.

Politically and economically, 2022 was a tumultuous year. Despite an encouraging start, by the third quarter it was clear that Scotland’s property sector was being impacted by spiralling inflation, soaring energy costs and increasing interest rates, writes Barry McKeown. Yet, let me recall som

Investors poured over £450 million into retail properties in Glasgow last year, despite the cost-of-living crisis, record low consumer confidence and hybrid working affecting city centre footfall, according to CoStar Group.

Lindsays has reported a year-on-year increase in the average price of properties it has sold, with the average price in Edinburgh reaching £325,000. Despite ongoing economic uncertainty and political turmoil, the firm believes market appetite remains steady and notes that predictions of price

Ann Street, located in central Edinburgh, has been named Scotland's most expensive street with property prices reaching an average of £1.7 million.

Rental payments based on takings may become more common as retailers adapt to the changing high street in today's challenging economy, a lawyer has suggested. Martin Bennett, a director in Scottish legal firm Lindsays' commercial property team, says the option is one available in negotiations as sho

Real estate advisor CBRE has announced it has completed the sale of The Arc in Hillington Park to Danobe securities for £2.4 million.

The average price of a property in Scotland in September 2022 was £191,941, an increase of 7.3% on September 2021 but a 0.9% decrease compared with the previous month. The latest provisional statistics from the UK HPI show that the volume of residential sales in Scotland in July 2022

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 £

In October, the average rent on a newly let home rose to £1,204 pcm, passing the £1,200 mark for the first time, costing the average tenant an extra £960 per year in rent compared to last year, according to Hamptons. Average rents passed the £1,100 mark back in September 2021

Clothing brand Abercrombie & Fitch has leased a space in Edinburgh as it plans to open its first Scotland store.  Savills, on behalf of Patrizia, has let the 65 George Street location in Edinburgh to AFH Stores UK Ltd.

Demand for prime office space continues to outstrip supply in Glasgow and Edinburgh as the market holds steady despite challenges, according to the latest analysis from Avison Young. The Big Nine quarterly review shows the take-up in the major regional office occupier markets in the UK, including Ed

Savills has sold The Dunstane Houses, a luxury 5-star boutique hotel in Edinburgh, on behalf of a private owner operator to Roseate Hotels for an undisclosed price. The property was marketed at a guide price of £7.5 million.