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Latest Scottish Property News

All the latest property news from Edinburgh, Glasgow, Aberdeen, Dundee and the rest of Scotland.

Edinburgh

Scottish hotel investment booming says Savills

17 July 2017

Investment volumes in Scotland’s hotel sector for the first six months of the year came close to eclipsing total volumes for 2016, according to Savills.

VUE St Enoch SC Glasgow

St Enoch anchor tenant comes into VUE at former BHS site

14 July 2017

Blackstone Real Estate Partners have signed VUE Cinemas to anchor their 90,000 sq ft East End leisure development at St Enoch Shopping Centre in Glasgow.

Edinburgh landmarks

Government takes huge Edinburgh pre-let

12 July 2017

The UK government has taken a 190,000 sq ft pre-let at Artisan Real Estate Investors’ New Waverley in Edinburgh – the city’s largest letting in more than 20 years.

Kingsgate Retail Park Glasgow

M&G provides whole loan financing for Scottish Retail Park

5 July 2017

Orion European Real Estate Fund IV has secured a five-year whole loan financing for the acquisition of the Kingsgate Shopping Park in East Kilbride from M&G Investments.

Union Square Aberdeen

Homesense to open in Aberdeen’s Union Square

3 July 2017

Hammerson has announced that homeware retailer Homesense will open its first store in Aberdeen’s Union Square - the chain’s second in Scotland.

95 Bothwell Street GMBH

Jacobs takes lease up 62,099 sq ft at Bothwell Street

30 June 2017

Warburg-HIH Invest Real Estate has agreed a new lease with Jacobs at 95 Bothwell Street in Glasgow, to take the global engineering firm up to 62,088 sq ft let in the eight storey building.

BonhaminEdinburgh

Bonnie Bonham Hotel deal for Driehaus-led US investor group

28 June 2017

A group of US investors led by Richard Driehaus has acquired Edinburgh luxury boutique hotel The Bonham for an undisclosed sum, from a controlled affiliate of global private investment firm Starwood Capital in an off-market deal.

Staycity Birmingham

Staycity to boost room count by 13,000 in gateway cities

9 June 2017

Serviced apartment operator Staycity is embarking on a major expansion plan that will boost its room count by around 12,000.

New Waverley, Edinburgh

Location and amenities key to GPU New Waverley pre-let

The UK government made waves in the Edinburgh office market last week when it announced a 190,000 sq ft pre-let at Artisan Real Estate Investors’ New Waverley scheme - the city’s largest letting in 20 years.

Moda Edinburgh

Scotland set for BTR boom as independence fears recede

Rental growth in Scottish cities and the diminishing possibility of a second independence referendum are set to fuel a build-to-rent (BTR) boom north of the border, according to a report by agent Rettie & Co.

Scottish independence

Indyref2: experts speculate on the likely market impact

The political instability that has plagued Scotland for the last few years was ramped up last month when Scottish MPs backed first minister of Scotland Nicola Sturgeon’s call for a second independence referendum.

Aberdeen

Has Aberdeen’s beleaguered office market turned a corner?

In the Granite City, oil is everything. The trend lines for office take-up and oil prices are virtually indistinguishable.

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