ScottishNews.com

Property

Knight Frank facilitates property deal Harbour Energy secures Prime Four office space

Published 2 years ago

Harbour Energy has secured 34,000 sq ft of Grade A office space at Aberdeen’s Prime Four Business Park in Kingswells, in a deal brokered by independent commercial property consultancy Knight Frank.

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Abrdn’s South Gyle Trade Park fetches £13.9m

Published 2 years ago

Lismore Real Estate Advisors has facilitated the £13.965 million sale of South Gyle Trade Park in Edinburgh on behalf of abrdn, with Rossco Properties (Edinburgh) Ltd emerging as the acquirer.

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Transitional measures proposed as private rent cap ends

Published 2 years ago

Regulations to introduce an arbitration scheme that aims to avoid excessive private rent increases when the current emergency rent cap regulations come to an end have been laid in the Scottish Parliament.

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RICS: Scottish commercial property occupier demand remains subdued but rents and values outlook is brighter

Published 2 years ago

Overall occupier demand for commercial property in Scotland fell flat through the last quarter of 2023 according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.

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Average Scottish house prices up £43,381 since pandemic

Published 2 years ago

Scotland’s average house price has grown by £43,381 from March 2020 to November 2023, according to data analysed by property firm DJ Alexander.

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Extended tax relief for councils buying affordable housing

Published 2 years ago

Legislation enabling councils to increase their affordable housing stock without having to pay a tax on additional properties has been introduced in the Scottish Parliament.

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Savills: Scottish prime property market outshines UK counterparts

Published 2 years ago

Savills latest analysis of UK residential market performance during 2023 has shown that while mortgage affordability has impacted the wider market, Scotland’s prime market has been the most resilient in the UK with a 1% increase in net agreed sales.

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Scottish surveyors expect house prices to rise this year as market conditions improve

Published 2 years ago

House prices in Scotland are anticipated to rise through the first quarter of 2024 according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

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Scotland’s property market sees 2.2% annual increase

Published 2 years ago

The average Scottish house price reached £194,000 in November 2023, a 2.2% increase compared to the same period in 2022, according to the latest data from the UK House Price Index (HPI).

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Scottish property taxes surpass £600m over last year

Published 2 years ago

Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by property firm DJ Alexander Ltd.

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Pension firm Aptia expands operations to Verdant office development in Edinburgh

Published 2 years ago

Global pension company Aptia has secured a prime office space at CEG’s Verdant office development in South Gyle Business Park, west Edinburgh.

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Hurstwood Holdings’ AM Sci Tech secures Aberdeen’s prime science parks in major acquisition

Published 2 years ago

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.

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Scottish commercial property poised to rebound following 2023 investment dip

Published 2 years ago

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.

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Adjudication method mooted to transition from current rent cap

Published 2 years 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 2 years 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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