Scotland's hotel sector is experiencing a surge in investment, with Q3 2024 figures having reached £110 million, a 150% increase on the five-year quarterly average of £44m, according to Colliers. This brings the year-to-date total to £200 million, an 18% rise compared to 2023. Coll
Colliers
Faskally Caravan Park, which has been under the stewardship of the Hay family for the last seven decades, has been sold to Wood Leisure, extending its portfolio to six high quality holiday parks in central Scotland.
Fife's Balgeddie House Hotel, a 33-bedroom establishment with spa and event facilities, has been sold by Solley Hotels to Smar Hotels & Leisure Ltd. After inviting offers, the hotel was sold in an off-market deal through the specialist hotels team at Colliers. This is the firm’s latest dea
Scottish commercial property investment reached £360 million in the first quarter of 2024, according to Colliers’ latest Scottish snapshot. Whilst volumes have dropped from the final quarter of 2023 (£420m), the Q1 figure marks a 44% uplift on the same period last year.
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.
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.
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 Flodigarry Hotel on the Isle of Skye has brought to market by Colliers with offers starting at £3.5 million.
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.
The Livingston Trade Park, jointly represented by real estate firms JLL and Colliers, has achieved full occupancy with the addition of YESSS Electrical as the final tenant. Northwood Urban Logistics, the owner of the 40,274 sq ft estate, has let all its units to various tenants including City P
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.
Ryden and joint agents Colliers have announced that Inchwood Park, one of West Lothian's most sought after multi-let industrial estates, is now fully let following three successful lettings.
Investment into Scottish commercial property has reached £2.088 billion in 2022, according to the latest Scotland Snapshot from Colliers.
Edinburgh and Glasgow have ranked second and third in commercial real estate firm Colliers' latest Top UK Residential Investment Cities report.
Those affected by significant changes in their business rates bills will have very little time to react and appeal, Colliers has warned as new legislation is implemented.