A development site with planning permission for more than 60 homes in a Renfrewshire village has been acquired by Scottish businessmen Sandy and James Easdale.
Commercial property transactions totalled £426 million in Q3 2024, up 7% year-on-year and 16% above the five-year average, marking the highest Q3 total in the last five years, according to Lismore Real Estate Advisors.
There is currently as much as 750,000 sq ft of occupier demand still looking for office accommodation across Glasgow due to a shortage of quality options available in the city, according to data from Savills.
Investment in Scottish commercial property increased in the third quarter of 2024, as interest rates began to fall and a decisive election result provided more certainty over future policy direction, reaching £1.21 billion in the first nine months of the year, according to Knight Frank.
Property firm Rettie has raised its 2024 house price forecast by a full 1.5 percentage points, doubling its prediction to 3%, with Rettie’s research unit adjusting its forecast due to the recent reduction in the UK interest rate.
Glasgow-based tech company PropEco, which provides an innovative technology platform that can assess the long-term value and viability of property, has secured seed funding of £275,000.
Capital residents, businesses and visitors are being invited to have their say on the final plans to raise over £100 million by 2030 from tourism to support the city of Edinburgh.
Over 225 key players from across the Scottish home building sector and wider stakeholder organisations are coming together in Edinburgh today to discuss how to address the country’s housing emergency in the context of changing consumer, political and policy landscapes.