In line with the wider global slowdown, investment into Scottish commercial real estate saw a significant decline in 2023 according to Colliers’ latest Scottish Snapshot.
Colliers
Investment into Scottish commercial property reached £330 million in Q3, around 33% below the five-year quarterly average of £500m according to Colliers’ latest Scottish Snapshot.
Three new recruits have joined Colliers Project & Building Consultancy team enhancing its building surveying and energy & sustainability services for clients. George Cunningham has joined as a director in the Birmingham office as part of the mechanical & electrical services team, while T
In the second quarter of 2023, Scottish commercial property experienced a surge in investment, reaching £320 million, according to Colliers' Scotland Snapshot. This is a significant rise from the £250m of Q1, yet it remains 35% lower than the five-year quarterly average of £490m. T
The commercial real estate market in Scotland started 2023 on a sluggish note, with only £250 million worth of transactions, a sharp drop from the five-year quarterly average of £550m, according to a recent report by Colliers.
In 2022, Scotland's hotel market showed considerable strength, with Edinburgh retaining the top position in Colliers' 2023 UK Hotel Market Index, joined by Inverness and Glasgow in the top ten.
Commercial property company HFD has acquired 4 Bell Drive — an industrial building at Hamilton International Park — in a deal valued at £4.5 million.
Changes to permitted development rights (PDRs) in Scotland coming into effect today could revitalise Scottish town centres, says commercial real estate firm Colliers. The changes which will allow shops (subject to restrictions) to be converted to office accommodation, restaurants or cafes without th
Investment into Scottish commercial property has reached £2.088 billion in 2022, according to the latest Scotland Snapshot from Colliers.
Commercial real estate firm Colliers is extending its UK planning team with the recruitment of Lucy Moroney as senior planner. Colliers’ planning team works on a significant number of strategic sites across the UK, including three new garden communities. Lucy will be working with corporate cli
Edinburgh and Glasgow have ranked second and third in commercial real estate firm Colliers' latest Top UK Residential Investment Cities report.
Investment into Scottish commercial real estate saw a significant slowdown in the third quarter of 2022, with just £200 million transacted according to Colliers, in its latest Scotland Snapshot.
Investors looking for residential investment opportunities should turn their sights to the UK’s regional cities, especially Glasgow and Edinburgh, according to the latest research by Colliers. The commercial real estate firm analysed 20 cities across the UK and found that when focusing on driv
Major construction work at Scotland’s newest leisure and staycation destination, Wavegarden Scotland, got underway today in Ratho, near Edinburgh. The £55 million landmark development will be the country’s first inland surfing destination using revolutionary new technology.
Quarterly investment volumes into Scottish commercial real estate reached £460 million in Q1 2022, up from £380m a year ago, according to Colliers’ latest Scottish Snapshot. According to Colliers, at £140m, retail investment accounted for 30% of all activity by value.