The rental market in Scotland has seen significant fluctuations over the past year, with the average rental price for newly let properties rising by 12.9%, according to Zoopla’s December report.
Factors Direct, the property factoring company launched earlier this year by Glasgow-headquartered Cairn Group, has acquired Clyde PM, the factoring arm of estate agent Clyde Property, and the Scottish arm of Glasgow-based Nationspaces Developments which operates across all aspects of property management.
The Easdale Investment Group, under the ownership of brothers Sandy and James Easdale, has further expanded its property portfolio in Scotland with the acquisition of a new industrial unit in Renfrew.
The average selling price of property in Edinburgh, the Lothians, Fife and the Borders dropped 6.6% year-on-year to £273,348, according to new figures from ESPC.
Glasgow-headquartered Cairn Group has acquired Rannoch Property, the Glasgow-based estate agency offering a range of property management, buying, and selling services, through its Cairn Letting division.
A ‘building within a ruin’ in North Ayrshire designed by Ann Nisbet Studio has been named today as the winner of the Andrew Doolan Best Building in Scotland Award by the Royal Incorporation of Architects in Scotland (RIAS).
Sandy and James Easdale have expanded their commercial property holdings with the acquisition of Kingston Industrial Estate in Inverclyde from Peel Waters Limited, the property development arm of Peel Group, for an undisclosed sum.
Affluent individuals and families have been presented with a once-in-a-generation window of opportunity to invest some of in Edinburgh’s most sought-after commercial properties.
Investment into Scottish commercial property reached £330 million in Q3, around 33 per cent below the five-year quarterly average of £500 million according to Colliers’ latest Scottish Snapshot.
The Scottish Government’s plans for new Environmental Performance Certificates (EPCs), whilst well intentioned, may in some types of property be impossible to achieve, property marketing company ESPC has warned.
Aberdeen house prices have experienced a minor quarterly decrease of 0.6%, with a more significant annual drop of 4.4%, according to the Aberdeen Solicitors’ Property Centre (ASPC).
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.