ScottishNews.com

Property

M Core expands Scottish retail portfolio with Princes Square acquisition

Published 10 months ago

Commercial property and investment collective M Core has acquired the Princes Square retail development in the heart of Glasgow city centre, for an undisclosed sum.

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Home heating switch ‘faces significant risks’, Audit Scotland finds

Published 10 months ago

The Scottish Government will not be able to phase out fossil-fuel home heating systems by 2045 unless it significantly increases the scale and pace of activity, Audit Scotland has warned today.

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ASPC: Aberdeen property prices experience 3.1% annual drop

Published 10 months ago

New insights from the Aberdeen Solicitors Property Centre (ASPC) have revealed a 3.1% dip in property prices in the city over the past year, amidst this, a positive quarterly rise of 0.5% offers a ray of hope.

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CBRE forecasts rental growth in Edinburgh and Glasgow office markets

Published 10 months ago

Real estate advisor CBRE has released its latest findings on Scotland’s key office markets, focusing on Edinburgh and Glasgow during the final quarter of 2023.

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Knight Property Group completes TrustFord’s £10m Aberdeen showroom and service facility

Published 10 months ago

Knight Property Group has completed its of construction works on a cutting-edge showroom and vehicle service facility for Ford’s biggest dealer group, TrustFord.

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Knight Frank facilitates property deal Harbour Energy secures Prime Four office space

Published 10 months ago

Harbour Energy has secured 34,000 sq ft of Grade A office space at Aberdeen’s Prime Four Business Park in Kingswells, in a deal brokered by independent commercial property consultancy Knight Frank.

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Abrdn’s South Gyle Trade Park fetches £13.9m

Published 10 months ago

Lismore Real Estate Advisors has facilitated the £13.965 million sale of South Gyle Trade Park in Edinburgh on behalf of abrdn, with Rossco Properties (Edinburgh) Ltd emerging as the acquirer.

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Transitional measures proposed as private rent cap ends

Published 10 months ago

Regulations to introduce an arbitration scheme that aims to avoid excessive private rent increases when the current emergency rent cap regulations come to an end have been laid in the Scottish Parliament.

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RICS: Scottish commercial property occupier demand remains subdued but rents and values outlook is brighter

Published 10 months ago

Overall occupier demand for commercial property in Scotland fell flat through the last quarter of 2023 according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.

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Average Scottish house prices up £43,381 since pandemic

Published 10 months ago

Scotland’s average house price has grown by £43,381 from March 2020 to November 2023, according to data analysed by property firm DJ Alexander.

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Extended tax relief for councils buying affordable housing

Published 10 months ago

Legislation enabling councils to increase their affordable housing stock without having to pay a tax on additional properties has been introduced in the Scottish Parliament.

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Savills: Scottish prime property market outshines UK counterparts

Published 11 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 11 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 11 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 11 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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