The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq
Savills
The time required for Build-to-Rent (BtR) planning applications to be determined has significantly increased over the past decade, with 40% of sites achieving detailed planning permission last year taking at least a year to do so, according to the British Property Federation (BPF). Analysis conducte
Take-up of office space in Edinburgh hit 649,000 sq ft in 2023, just 0.9% below 2022’s figure, according to real estate expert Savills. Despite this minor fall, it remains 0.5% higher than the five-year average for the city, as more occupiers get to grips with what they both need and want from
Savills latest analysis of UK residential market performance during 2023 has shown that while mortgage affordability has impacted the wider market, Scotland’s prime market has been the most resilient in the UK with a 1% increase in net agreed sales. This compares to -17% drop in prime UK regio
Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34% decline from the previous year, according to Savills.
Savills has enhanced its infrastructure and projects division in Scotland with the appointment of Jessica Arrowsmith as a new operations director. Ms Arrowsmith, based in Savills' Edinburgh office, joins from Edinburgh Airport where she led the change management programme for the operations tea
Bruntwood SciTech’s plans to transform Glasgow’s iconic Met Tower have been approved, with the first interior images of its reimagined future also revealed.
Edinburgh's office market is showing resilience in the face of economic headwinds, with office space take-up rising to 334,510 sq ft by the end of Q3 2023 – a 25% increase on last year’s figure, according to Savills.
While UK prime house prices experienced a fourth consecutive quarterly dip in the three months to the end of September, with annual falls averaging -5.2%, Scottish prime values remained steadfast, with a minor annual dip of -1.1%.
Keppie Design has followed up a pre-application consultation into its proposals for the redevelopment of the former Buchanan House in Glasgow with the submission of a full planning application.
A fundraising campaign is underway to re-open Edinburgh’s Filmhouse, a well-loved cinema known for presenting one of the most ambitious and diverse cinema programmes in the UK. The ambition is for Filmhouse to open its doors once again in 2024. Newly formed charity Filmhouse (Edinburgh) Ltd. a
Scotland’s prime residential market, which typically accounts for the top 5-10% of the market in terms of value, is proving to be resilient and is outperforming the rest of the country, according to new analysis from April to June 2023 by Savills. The research also shows that wh
Savills has continued to expand its engineering & design consultancy (EDC) team with the appointment of Martin McClafferty as associate director and William Johnston as associate in Glasgow. Joining from HDR Consulting Engineers, Martin is a chartered engineer with 25 years’ experience ope
A three-bedroom penthouse apartment that forms part of the New Steiner development and boasts the "best views" of Glasgow has now been completed.
Savills' latest analysis of Scotland’s prime residential market has highlighted strong demand during the first three months of the year with 52% more buyers registering to buy so far this year compared to the same period in 2019 before the pandemic. This market represents the most as