ScottishNews.com

Property

Adjudication method mooted to transition from current rent cap

Published 1 year ago

The Scottish Government has unveiled an arbitration scheme that aims to avoid excessive private rent increases when the current cap regulations come to an end in March.

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Savills: Scotland’s commercial real estate sees nearly £1.5bn investment in 2023

Published 1 year ago

Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34% decline from the previous year, according to Savills.

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CBRE foresees optimistic rebound in Scottish housing market

Published 1 year ago

Global real estate advisor CBRE has predicted a modest 0.8% decrease in house prices in Scotland for 2024, slightly below the UK average of 0.9%.

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Shepherd makes positive projections for North of Scotland’s housing market

Published 1 year ago

Shepherd Chartered Surveyors has expressed a positive outlook for the North of Scotland’s housing market in 2024.

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Rettie & Co: Average Scottish house price to rise by 1.5% in 2024

Published 1 year ago

Property firm Rettie & Co is forecasting Scottish house prices to rise by around 1.5% in 2024, with overall residential property transaction activity increasing to approximately 4.3 per cent.

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10 Bothwell Street fully let with Lawrie IP announced as last tenant

Published 1 year ago

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.

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CBRE predicts property market recovery in 2024

Published 1 year ago

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.

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Registers of Scotland: Modest annual growth in Scottish property prices

Published 1 year ago

Scotland’s housing market exhibited a complex trend in October 2023, distinguished by a modest annual increase in average house prices, juxtaposed with a monthly decrease and a significant decline in residential sales volumes.

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Edinburgh calls for new laws to permit regulation of short-term lets

Published 1 year ago

The City of Edinburgh Council has called for all for an emergency Bill to be introduced to the Scottish Parliament to address what it described as “legislative deficiencies” in the regulation of short-term lets (STLs).

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Dubai Investors acquire Mar Hall resort with plans for £15m upgrade

Published 1 year ago

Mar Hall Hotel, Golf and Spa Resort, one of Scotland’s most established hotels, has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners.

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Shepherd Chartered Surveyors tops Scottish property disposals for second consecutive year

Published 1 year ago

Shepherd Chartered Surveyors has secured the top spot in commercial property search expert NovaLoca’s annual disposals report for the second year in succession.

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Newton Property Management expands with acquisition of Morison Walker

Published 1 year ago

Glasgow-based factoring firm Newton Property Management has successfully acquired Morison Walker Property Management, a historic company rooted in Greenock since its inception in the early 19th century.

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Urgent reforms in Scottish Budget needed to tackle housing sector’s woes

Published 1 year ago

The Scottish Budget is under pressure to boost the housing sector, as highlighted by property firm DJ Alexander Ltd.

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Scottish rents continue to rise amidst UK slowdown

Published 1 year ago

The rental market in Scotland has seen significant fluctuations over the past year, with the average rental price for newly let properties rising by 12.9%, according to Zoopla’s December report.

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Acquisitions at the double for Cairn Group’s Factors Direct

Published 1 year ago

Factors Direct, the property factoring company launched earlier this year by Glasgow-headquartered Cairn Group, has acquired Clyde PM, the factoring arm of estate agent Clyde Property, and the Scottish arm of Glasgow-based Nationspaces Developments which operates across all aspects of property management.

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