Manchester-based property firm AM Sci Tech, a subsidiary of Hurstwood Holdings, has successfully completed the acquisition of Aberdeen Energy Park and Aberdeen Innovation Park. This landmark acquisition encompasses two expansive science parks in Bridge of Don, North of Aberdeen, comprising more than
Commercial Property
Scotland's commercial property market witnessed £1.5 billion worth of assets changing hands during 2023, as the market adjusted to the sharp rise in interest rates seen since December 2021, according to research from Knight Frank. The independent commercial property consultancy’s analysi
Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34% decline from the previous year, according to Savills.
Scottish property firm, the SRE Group, has announced that intellectual property advisor, Lawrie IP, has agreed to take the final available space at 10 Bothwell Street.
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
Shepherd Chartered Surveyors has secured the top spot in commercial property search expert NovaLoca’s annual disposals report for the second year in succession. The report analysed 49,500 property adverts, comparing properties across all sectors: retail, industrial, leisure, office, and land.
MEININGER, an international hotel chain, has announced it will expand its footprint to Edinburgh by transforming a 1970s office building into a new hotel. The project, a collaboration with property developer S Harrison, will refurbish Osborne House in the Haymarket area into a 157-bedroom hotel, fea
The Easdale Investment Group, under the ownership of brothers Sandy and James Easdale, has further expanded its property portfolio in Scotland with the acquisition of a new industrial unit in Renfrew. The site, located at Meadowside Street within the Neil Street Industrial Estate, was previously hel
Sandy and James Easdale have expanded their commercial property holdings with the acquisition of Kingston Industrial Estate in Inverclyde from Peel Waters Limited, the property development arm of Peel Group, for an undisclosed sum. The estate at Port Glasgow is located at Kingston Dock, adjacent to
Affluent individuals and families have been presented with a once-in-a-generation window of opportunity to invest some of in Edinburgh's most sought-after commercial properties.
Edinburgh's commercial property market has witnessed a notable surge in investment, already surpassing the previous year's total despite a tough economic backdrop.
CEG's Verdant office development, located in South Gyle Business Park, west Edinburgh, has successfully clinched two significant lease agreements. Distribution firm Menzies has chosen Verdant for its new headquarters, occupying a substantial 7,500 square feet space. Property management speciali
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.
Occupier demand for Scotland's commercial property market has stagnated in the most recent quarter, as per the Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.
An office building in East Kilbride, close to Glasgow, has been snapped up for £4.3 million, following intense bidding. The property, Orbital House, is situated in Peel Park business park, the largest town in Scotland, and was purchased by an investment entity backed by HKIP. The acquisition w