Global real estate advisor CBRE has predicted a modest 0.8% decrease in house prices in Scotland for 2024, slightly below the UK average of 0.9%. However, a positive outlook emerges as CBRE foresees a rebound in 2025 with a 4.2% rise to £187,589, and a further 5% increase in 2026, reachin
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CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024. This optimistic outlook is bolstered by the Bank of England's anticipated interest rate cuts in the second half of 2024, wh
Real estate advisory CBRE has appointed Sarah Hagen as a director at the firm's Glasgow office. She will lead the Glasgow Office Agency team with responsibility for investor and occupier services. Ms Hagen joins following a nine-year stint at Knight Frank, where she has been a partner.
Real estate advisor CBRE, on behalf of the landlord Signal Capital, has successfully facilitated a ten-year lease agreement for Scottish Daily Record and Sunday Mail Limited, a Reach Plc subsidiary, at 55 Douglas Street in Glasgow. The new occupier as taken the entire first floor of 55 Douglas Stree
The third quarter of 2023 has seen continued momentum in Scotland’s major office markets in Glasgow and Edinburgh, despite prevailing economic pressures, according to the latest figures from real estate advisor CBRE.
Tony Rosenthal, a senior director in CBRE Scotland's rating team, has been appointed as the new Scottish president of the Institute of Revenues, Rating and Valuation (IRRV). He takes over from outgoing president Paula Doherty.
Knight Property Group has secured a significant deal at its £20 million landmark green office building in Edinburgh Park, with Lumacron Technology having moved its headquarters to 4-5 Lochside Avenue, in Edinburgh Park.
Knight Property Group has secured a further new tenant at 1 St Swithin Row, in the heart of Aberdeen’s prestigious west end. Barra Energy Ltd has agreed a five-year lease on Suite D, a first floor office suite that extends to 907 sq ft. The ten-desk open plan office has a meeting room and offe
Real estate advisor CBRE has announced a raft of new promotions across its Scottish teams. Caroline Smillie from the Occupier Accounts team has been promoted to senior director. Caroline has been advising global occupiers for over 15 years and is based in the Edinburgh office.
Global real estate advisor CBRE, in partnership with Graham and Sibbald, has unveiled to the market a new Aberdeen office development, The Apex, situated in Dyce. The building, which recently featuring in the film “Tetris”, is undergoing extensive refurbishment works.
Global real estate advisor CBRE has been appointed to sell a cinema portfolio, which encompasses eight establishments across the UK. One of the cinemas is in Clydebank, with the others located in other parts of the UK.
Real estate advisor CBRE has released its latest figures on the Scottish office market during the second quarter of 2023, showing a shifting landscape.
Pinsent Masons is preparing for further growth with a move to a landmark Glasgow city centre office after signing up to become the first tenants of the £35 million Lucent Building, which is being developed by Orion Capital Managers.
Real estate provider CBRE has raised £1 million for its UK charity partner Macmillan Cancer Support - doubling its initial fundraising target of £500,000. CBRE’s partnership with Macmillan Cancer Support, one of the largest British charities that provides specialist health care, in
Real estate advisor CBRE has finalised the off-market sale of Glasgow's historic Forsyth Building on behalf of Ambassador Group. A London-based private investor, represented by Landswood De Coy, secured the deal for £9.7 million.