Commercial Property

Over a third of property experts have identified tax restrictions announced in the 2024 Autumn Budget as a major impediment to real estate investment this year. This is according to RSM UK's Real Estate 360 survey, which recorded 35% of businesses saying that additional tax restrictions will be a ke

Scarborough Group International (SGI) has engaged CBRE and Savills as joint leasing agents for the former Younger Building in West Edinburgh, ahead of its planned redevelopment. The 89,863 sq ft, six-storey structure, originally constructed in 1999 for NatWest Group, will be transformed into modern

Edinburgh-based Buccleuch Property has acquired three Sainsbury's Local stores in Telford, Colchester and Lewisham for a total purchase price of £5.6 million. The buildings are leased to Sainsbury’s for a term of 15 years with indexed rent reviews. The stores range in size from 3,337 sq

Commercial property rent disputes between landlords and occupiers in Scotland saw a decrease in 2024, despite continued rises in prime rents across major occupier markets, according to new Knight Frank analysis.

Knight Property Group has announced the successful letting of three units at the refurbished Cults Business Park in Aberdeen, totalling approximately 3,700 sq ft. The deals underscore the strong demand for flexible commercial space in the region.

STV has become the latest tenant at Edinburgh's Orchard Brae House, taking 2,239 sq ft following a recent major refurbishment.

XSite Braehead has secured a combined £12.6 million investment in the site.

According to Savills, Aberdeen saw commercial property investment volumes total £357 million in 2024, three times the 2023 figure and over double the 10 year average of £160m.

Weightmans has relocated its Glasgow office to The Ink Building on Douglas Street. The move represents a significant investment from the firm into its Scottish practice, as well as demonstrating its commitment to ESG. The Ink Building is an environmentally friendly space with an EPC rating of A, ref

The industrial sector’s share of investment in Scottish commercial property has nearly doubled since the beginning of the Covid-19 pandemic, according to new research from Knight Frank. The independent commercial property consultancy’s analysis of Real Capital Analytics (RCA) data found

Infrastructure solutions company Costain has moved into a new office in Aberdeen. The office investment is in response to Costain’s growing customer base in the energy sector and will service engineering, energy resilience and energy transition projects in Scotland and across the UK.

The 'big six' regional office markets across the UK – Manchester, Leeds, Birmingham, Edinburgh, Glasgow and Bristol – are experiencing a significant rise in the number of law firms looking for premium real estate to drive talent attraction and retention, according to Savills. Demand for

The Whisky Bond – one of Glasgow’s commercial hubs for creative businesses – has announced that in the last 12 months, it has let more than 6,500 sq ft of space to nine new or expanding tenants. A new cafe (open to both tenants and the public) and run by the owner of local business

Aberdeen’s Energy Transition Zone (ETZ) accounted for 35% of the city’s take-up from industrial occupiers last year, rejuvenating the city’s southside and helping to deliver the third best year of the last decade.

Savills, on behalf of Old Park Lane Management (OPLM), has sold a Glasgow building, comprising 98 Buchanan Street and 31 Royal Exchange Square, to Cervidae for £13.775 million. Having completed the asset management plan, OPLM is focusing on its core strategy of large-scale central London devel