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
Knight Frank
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.
Aberdeen’s office market has turned a corner following a subdued start to the year as more businesses signal their commitment to the city, according to analysis from Knight Frank.
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
Despite a summer dip in take-up, Edinburgh's office market has begun "moving in a positive direction" as organisations recognise the post-pandemic advantages of maintaining a central hub for employees, according to Knight Frank.
Scotland has emerged as the fastest growing UK region for the gaming sector, marking the largest surge in employment in this sector across the nation, according to new research by commercial property consultancy Knight Frank.
Pinsent Masons is preparing for further growth with a move to a landmark Glasgow city centre office after signing up to become the first tenants of the £35 million Lucent Building, which is being developed by Orion Capital Managers.
Properties that create social spaces and encourage a sense of community can be a starting point to encourage people back to the office, writes Lyndsay Clark. It is no secret that some employers have struggled to get staff back into the office following the pandemic. Initially, companies tried to lur
Two prominent office buildings in Glasgow have changed hands for just over £18 million, in two of the city’s biggest deals so far in 2023.
In two separate transactions totalling nearly £40 million, two Edinburgh office properties have been acquired by FSX Holdings and Catella APAM. The properties in question, 7 Castle Street and Caledonian Exchange, form part of a growing trend of investor interest in core-plus assets in Edinburg
Knight Frank has strengthened its building consultancy division in Scotland with the appointment of seasoned surveyor Alan Sime. Mr Sime has re-joined the firm as an associate in Glasgow, having started his career with Knight Frank in the city as a placement student and, subsequently, graduate in 20
Scott Hogan discusses the recent changes to Scotland's business rates regime, with a focus on the devolution of power to alter empty property relief to local authorities, and the varied impact of these changes on commercial property owners and occupiers across different regions. April brought in a w
Work has begun on a major refurbishment project at a well-known George Street building, which will deliver the first ‘defurbished’ office space on one of Edinburgh’s main thoroughfares.
Edinburgh's office market has experienced a robust beginning to the year, driven primarily by the technology, media, and telecommunications (TMT) sector, despite facing significant macro-economic challenges, according to recent analysis from Knight Frank.