Knight Property Group has celebrated the addition of IT and digital edge infrastructure provider Pulsant to its £20 million eco-friendly office building at 4-5 Lochside Avenue, Edinburgh Park.
Glasgow’s rental market has experienced an unprecedented surge, with a shortage of rental flats driving demand and prices to a decade high, according to local letting agency Rosevale Letting.
The average price for a property in Scotland saw a marginal decrease in September compared to the previous month but was an increase of 2.5% when compared to September 2022.
Finances in Scotland’s social housing sector remain resilient, but landlords continue to face significant challenges, the Scottish Housing Regulator (SHR) said yesterday.
Edinburgh’s commercial property market has witnessed a notable surge in investment, already surpassing the previous year’s total despite a tough economic backdrop.
Casa by Moda, the family rental homes division of developer and operator Moda Group, has completed the first phase of its new rental homes in Springboig, Glasgow, its first residential neighbourhood in the city.
Dundee is fast becoming Scotland’s ‘buy-to-let capital’, according to Gilson Gray, as years of investment and change transform the city and filter through to the property market.
The share of homes sold by a landlord in Great Britain fell from 15.7% in 2022 to14.0% so far this year, however, Scotland is the only region where the landlord sell-off has accelerated this year and where new purchases hit a record low.
The housing market in Scotland remains subdued, with sales, instructions and prices all in decline, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
A Holyrood Committee has launched a new call for views on legislation which would give Scottish ministers new powers to assess and remediate buildings in Scotland with unsafe cladding, following the 2017 Grenfell Tower fire.
Buccleuch Property has expanded its prime retail asset portfolio with the acquisition of 49 George Street in Edinburgh from Columbia Threadneedle Investments for £3.325 million.
Edinburgh’s office market is showing resilience in the face of economic headwinds, with office space take-up rising to 334,510 sq ft by the end of Q3 2023 – a 25% increase on last year’s figure, according to Savills.