ScottishNews.com

Property

Savills: Scottish prime property market outshines UK counterparts

Published 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 4 months 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 4 months 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 4 months 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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