Emergency measures to protect tenants during the cost of living crisis, including the private rent cap and additional eviction protections, will be extended for a final six months if approved by Parliament.
The commercial real estate market in Scotland started 2023 on a sluggish note, with only £250 million worth of transactions, a sharp drop from the five-year quarterly average of £550 million, according to a recent report by Colliers.
The Livingston Trade Park, jointly represented by real estate firms JLL and Colliers, has achieved full occupancy with the addition of YESSS Electrical as the final tenant.
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.
The £300 million transformation of Candleriggs Square in Glasgow’s Merchant City has reached another significant development milestone with the completion of structural work for a 346-apartment build-to-rent (BTR) complex, forward funded by Legal & General.
West of Scotland Housing Association (WSHA) has brought forward detailed plans for 110 new homes on former railway land in Kelvindale, with an agreement in place to add a pedestrian footway to a nearby bridge.
The winners of this year’s Homes for Scotland (HFS) awards were announced last week with a special focus on social, sustainable and environmental values.
Inverlochy Castle Management International (ICMI) has extended its management agreement with Crossbasket Castle, helping support the five-star hotel as it undergoes an ambitious £15 million expansion.
CMS has announced the addition of two senior associates and transactional real estate specialists, Charlotte Miller and Keith Barber, to its data centre division.
Property management firm LOMOND has expanded its footprint in Scotland with the acquisition of Purplebricks’ entire Scottish rental portfolio for an undisclosed sum.
In a transaction brokered by Shepherd Chartered Surveyors for FWM Investments, the Aberdeen-based headquarters of optician Duncan & Todd has been sold to a private property firm for £1.75 million, reflecting a 7.5% yield.
Commercial real estate firm Ryden has brought on board Ben Dobson as associate to support the growth of its industrial property business in key markets, including Dundee, Perth, Inverness and North East England.