Global real estate advisor CBRE is urging the Scottish Government not to delay the planned business rates revaluation in 2022 following the UK Government’s announcement to postpone the 2021 revaluation in England. CBRE said it is aware that a deferment of the Scottish 2022 Revaluation and
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CBRE has announced the launch to market of Portcullis House in Glasgow, representing a rare opportunity to acquire a detached office building in the heart of the city with extensive redevelopment opportunities. Located at 21 India Street, Portcullis House occupies a substantial heritable island site
The latest office market data gathered by CBRE has revealed that office take-up in Edinburgh in the first quarter of 2020 increased by 35% to 130,640 sq ft, signifying a positive start to 2020. Although 32% is below the five year average of 193,603 sq ft for Q1, CBRE has said this can be partly attr
Global real estate advisor CBRE is urging the Scottish Government to reconsider the introduction of a section of the Non-Domestic Rates (Scotland) Act which will remove Scottish businesses’ rights to lodge rating valuation appeals based on economic changes. Brian Rogan, head of CBRE Scotland&r
Investors from the Middle East have deployed £230 million into Scotland in 2019, according to real estate advisor CBRE. A total of £880m was invested by businesses across the UK regions with £650m injected into central London.
CBRE has released its latest figures on Scotland’s office market, revealing an encouraging performance despite ongoing political uncertainty. The final quarter of 2019 saw Glasgow office take-up of 248,207 sq ft, bringing the 2019 total to 856,410 sq ft. The take-up for the quarter was 12.17%
The real estate sector should gain momentum in 2020 after a Brexit withdrawal agreement is reached, according to CBRE’s UK Real Estate Market Outlook 2020. CBRE forecasts that the UK economy will have a slow start to 2020, before picking up in Q2. It forecasts continued real earnings growth, d
Buccleuch Property has sold its Quadron development in Dartford to Aberdeen Standard Investments for £12.1 million. The 41,500 sq ft buildings, located at the Bridge in Dartford, were fully pre-let during construction to Network Rail.
BrewDog has reached an eight-figure deal to sell its global distribution headquarters, known as ‘Hop Hub’, at Eurocentral in Scotland’s central belt.
Property consultancy CBRE’s Q3 2019 office market figures have revealed the latest trends in lettings across Edinburgh, Glasgow and Aberdeen.
The headquarters of Scottish Gas has been sold to the Bank of London and The Middle East (BLME) for around £27 million. The grade-A Office building at Edinburgh's Waterfront Avenue was sold with the help of private equity specialist Palm Capital to the UK-based Islamic bank. The building