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
Savills
Real estate advisor Savills has made 26 promotions across its Scottish business. Effective from 1 March 2025, the promotions will see seven people move up to director level, five become associate directors and 14 taking on the role of associate.
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 '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
Scotland's high-end property market has demonstrated resilience in 2024, with sales of homes exceeding £1 million increasing despite political and tax hurdles, according to Savills. The market recorded a total of 466 residential transactions, up from 454 in 2023. This growth is driven by stron
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
Glasgow city centre has experienced a significant surge in food and beverage (F&B) activity in 2024, with 34 new openings marking the highest volume in over six years – a 25% increase compared to the previous year – according to Savills. Nearly 90% of these openings were local indepe
Scotland’s prime residential market has experienced a significant rebound driven by the resilience and growth of the Glasgow market, according to Savills. A new report from Savills Residential Research finds that the prime residential market in Scotland experienced significant growth in 2
Scotland's hotel market enjoyed a buoyant 2024, with transaction volumes for deals over £1 million having reached £431m, a 38% increase on 2023 and significantly above the 10-year average of £282 million, according to Savills. Ovarall, Scotland accounted for around 7.5% of all UK h
Savills has released its latest forecast for the prime housing market, highlighting Scotland as the standout performer with the highest projected five-year growth of +21.0%. The prime housing market typically represents the top 5% to 10% of the market in any region.
Savills has brought Kilgraston, a former school, to market, on the instructions of the Trustee in Bankruptcy. Located on a historic site in Bridge of Earn, rural Perthshire, the property's picturesque setting and extensive features make it ideal for various uses, including education, residential, to
Legal & General, advised jointly by Savills and CBRE, has let three fully fitted offices at both Kintyre House and 140 West George Street in Glasgow city centre to occupiers including Hiscox, Beale & Co and Diamond & Co. At Kintyre House, 205 West George Street, insurance firm Hiscox wil
International real estate advisor Savills, on behalf of Park Holidays UK Ltd, has sold the freehold of Turnberry Holiday Park in Girvan, Ayrshire to Turnberry Holiday Park (Scotland) Ltd, for an undisclosed price.
Against the backdrop of the first Labour budget in 14 years and the pressures of the wider economy, Savills has released its latest analysis of the Scottish prime property market. Cameron Ewer, head of Savills residential in Scotland, said: "The Scottish prime market has been adjusting to wider econ