ScottishNews.com

Property

Savills: Scottish £1m+ residential property sales rise

Published 2 months ago

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.

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ETZ powers Aberdeen industrial property take-up in 2024

Published 2 months ago

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.

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Housemark: Void properties cost social housing sector £1.6bn

Published 2 months ago

The social housing sector is facing significant financial and operational challenges caused by void properties, according to Housemark’s latest Voids Club research. 

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Glasgow asset changes hands for £13.7m

Published 2 months ago

Old Park Lane Management has sold 98 Buchanan Street and 31 Royal Exchange Square in Glasgow to Cervidae for £13.775 million.

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TSPC: A prime time for first-time buyers

Published 2 months ago

Tayside Solicitors Property Centre’s (TSPC) property experts are suggest now is an opportune time for first-time buyers to enter the market.

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Rent increase restrictions to end next month, McLennan confirms

Published 2 months ago

Temporary restrictions on rent increases in the private rented sector will be withdrawn at the end of March 2025, the Scottish Government has confirmed.

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Edinburgh agrees changes to short-term lets licensing policy

Published 2 months ago

The City of Edinburgh Council has agreed changes to its licensing policy on short-term lets that will water down key health and safety requirements for homesharers during the Festival period to try to ease the acute shortages of visitor accommodation.

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Glasgow solicitor calls for new Business Premises Renovation Allowance

Published 3 months ago

Sean Fraser, a commercial property solicitor at Holmes Mackillop, has called for the reintroduction of the Business Premises Renovation Allowance (BPRA) to tackle derelict buildings in Glasgow city centre.

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Eurocentral warehouse acquired by St John’s High Income Property Fund

Published 3 months ago

CBRE has advised St John’s High Income Property Fund on the acquisition of a prime distribution warehouse located at Eurocentral.

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Prices fall and activity rises in Aberdeen’s property market

Published 3 months ago

Negative quarterly and annual house price changes have been recorded for Aberdeen’s housing market, at -1.7% and -3.3% respectively, according to a report from the University of Aberdeen Business School’s Centre for Real Estate Research.

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RICS: Investor demand for commercial property in Scotland rises for first time in nearly three years

Published 3 months ago

Scotland’s commercial property market continues to see increased activity as both investor and occupier demand rises according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.

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Grant Thornton secures space at Glasgow’s sustainable Aurora development

Published 3 months ago

Grant Thornton UK LLP has signed a lease for 8,500 sq ft on the eighth floor of Aurora, a recently refurbished office development at 120 Bothwell Street in Glasgow.

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Ark Estates acquires commercial properties near Cromarty Firth Freeport

Published 3 months ago

Property investment and development company Ark Estates has acquired prominent commercial properties near the Cromarty Firth Freeport area.

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Scotland’s fuel poverty rate rose to 34% in 2023, Scottish House Condition Survey finds

Published 3 months ago

More than a third of all households in Scotland are estimated to have spent at least 10% of their incomes after housing costs on keeping their homes warm, according to the latest Scottish House Condition Survey (SHCS) for 2023.

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Savills: Independent operators drive Glasgow’s food & beverage revival

Published 3 months ago

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.

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