Knight Frank predicts that the utilities and information & communications sectors will dominate economic growth in Aberdeen, Edinburgh, and Glasgow through 2050. This growth will be buoyed by the transition to net zero and the rise of AI.
Knight Frank
Investment in Glasgow offices has already surpassed last year's total, reaching £198 million in the year-to-date, a 46% increase from 2023's £136m, according to Knight Frank. The deals figure signals a recovery in the city's commercial property market following the sharp rise in interest
Edinburgh’s Orchard Brae House has secured three lettings in close succession, following the completion of an extensive refurbishment programme at the office building.
A prime Edinburgh retail property housing a Waitrose supermarket and Kwik Fit garage has been sold for over £18.15 million. Located at 145 Morningside Road and 7-13 Falcon Road, the property comprises a 33,347 sq ft retail space for Waitrose and an adjoining 12,795 sq ft garage for Kwik Fit. B
Investment in Scottish commercial property increased in the third quarter of 2024, as interest rates began to fall and a decisive election result provided more certainty over future policy direction, reaching £1.21 billion in the first nine months of the year, according to Knight Frank.
Scotland’s commercial property market has attracted significantly more international interest in the decade that followed the 2014 independence referendum than it did in the 10 years prior to the vote, according Knight Frank.
Alasdair Steele discusses the decline in institutional investment in Scottish commercial property over the past decade and how the recent pooling of local authority pension funds may serve as a catalyst to reverse this trend. It is no secret that UK institutional investors have cooled on Scotland in
Prime city centre office rents in Edinburgh are rising at their fastest rate in nearly a decade, according to analysis from Knight Frank.
More Edinburgh occupiers decided to "stay put" rather than taking new office space during the second quarter of 2024, with regears outpacing new leases, according to figures from Knight Frank.
Investment in Scottish commercial property dipped during the first six months of 2024, as uncertainty over interest rates caused investors to take a pause for thought in Q2, according to new figures from Knight Frank. The independent commercial property consultancy’s analysis of RCA data found
Aberdeen's commercial property market has received significant inflows in the first half of 2024, reaching its highest investment level since 2018, according to Knight Frank.
Edinburgh-based renewable energy company Red Rock Power has become the latest tenant to commit to a long-term lease at 30 Semple Street. The office development, being undertaken by Corran Properties Limited on behalf of CBRE Investment Management, will complete later in 2024.
The number of commercial property rent disputes between landlords and occupiers rose for the first time since 2016 as more cases had to be referred to a third party for resolution, according to Knight Frank. The independent commercial property consultancy obtained figures from the Royal Institution
Investment in Scotland’s commercial property market has experienced a notable rebound during Q1, as inflation comes under control and a cut to interest rates looks more likely, according to analysis from Knight Frank.
Knight Frank has become the first tenant to secure office space in a newly refurbished west-end building in Aberdeen. The deal sees the independent commercial property consultancy’s north-east team move from its former offices on Albert Street to 3-5 Albyn Place, which has been recently u