Edinburgh-based solicitors and estate agents Lindsays has reported that average house prices in the city have risen by over £60,000 since before the Covid-19 pandemic.
CBRE has successfully filled the last vacant unit at Berryden Retail Park in Aberdeen by securing The Food Warehouse as a tenant on behalf of Frasers Group.
Savills has continued to expand its engineering & design consultancy (EDC) team with the appointment of Martin McClafferty as associate director and William Johnston as associate in Glasgow.
Property consultant FG Burnett has announced the retirement of Graeme Watt after 42 years of service with building consultancy director Iona Foubister simultaneously joining the firm’s board.
Rettie & Co’s Investment team has sold a 76-unit, £7.25 million residential portfolio in the Central Belt of Scotland to a local buyer on behalf of Picture Living Investments.
Work has begun on a major project at a well-known George Street building which will deliver the first ‘defurbished’ office space on one of Edinburgh’s main thoroughfares.
The average price of a Scottish property in February 2023 was £180,287, an increase of 1% on February 2022, the latest provisional statistics from the UK HPI show.
Edinburgh’s office market has experienced a robust beginning to the year, driven primarily by the technology, media, and telecommunications (TMT) sector, despite facing significant macro-economic challenges, according to recent analysis from Knight Frank.
Zakir Issa, a sibling of the billionaire Issa brothers who own Asda, has acquired the Bon Accord shopping centre in Aberdeen through EP Properties for a sum believed to be less than £10 million.