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
Knight Frank
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.
Matthew Aitchison discusses the implications of the proposed changes to Scotland's rent controls for the PRS market. Few policy changes in the property sector have received more attention than the rent controls and eviction ban originally introduced as a temporary measure in late 2021. There has bee
Legal & General (L&G) has acquired a prime purpose-built student accommodation (PBSA) scheme in Edinburgh's Fountainbridge area for more than £35 million. The PBSA, Lower Gilmore Place, has been acquired off market by L&G’s Managed Fund from Glencairn Properties. Knight Frank
William Rankine discusses the impacts of recent events on the leisure sector, and analyses trends and opportunities within specific sub-sectors. The leisure sector has been through huge amounts of change since the turn of the decade. It was not so long ago that hotels, leisure parks and resorts, and
Investment volumes in Scotland’s commercial property market bounced back last year, up 30% on the previous 12 months, as interest rates began to fall and a decisive election result boosted the UK’s status as a safe haven, according to analysis from Knight Frank.
Knight Frank predicts that the utilities and information & communications sectors will dominate economic growth in Aberdeen, Edinburgh, and Glasgow through 2050. This growth will be buoyed by the transition to net zero and the rise of AI.
Office take-up in Aberdeen has rebounded during the third quarter of 2024 after a slow start to the year, according to Knight Frank.
Investment in Glasgow offices has already surpassed last year's total, reaching £198 million in the year-to-date, a 46% increase from 2023's £136m, according to Knight Frank. The deals figure signals a recovery in the city's commercial property market following the sharp rise in interest
Edinburgh’s Orchard Brae House has secured three lettings in close succession, following the completion of an extensive refurbishment programme at the office building.
A prime Edinburgh retail property housing a Waitrose supermarket and Kwik Fit garage has been sold for over £18.15 million. Located at 145 Morningside Road and 7-13 Falcon Road, the property comprises a 33,347 sq ft retail space for Waitrose and an adjoining 12,795 sq ft garage for Kwik Fit. B
Investment in Scottish commercial property increased in the third quarter of 2024, as interest rates began to fall and a decisive election result provided more certainty over future policy direction, reaching £1.21 billion in the first nine months of the year, according to Knight Frank.
Scotland’s commercial property market attracted significantly more international interest in the decade that followed the 2014 independence referendum than it did in the 10 years prior to the vote, according Knight Frank.
Alasdair Steele discusses the decline in institutional investment in Scottish commercial property over the past decade and how the recent pooling of local authority pension funds may serve as a catalyst to reverse this trend. It is no secret that UK institutional investors have cooled on Scotland in
Prime city centre office rents in Edinburgh are rising at their fastest rate in nearly a decade, according to analysis from Knight Frank.