All Scotland articles
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OnlineCanmoor bags new tenant at Westway Park
Canmoor has signed up integrated logistics provides Agility Logistics at Westway Park.
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News
‘Severe shortage’ of Grade A office space in Glasgow
Glasgow currently only has 6,200 sq ft of vacant Grade A office space in the city, according to research by CBRE.
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Edinburgh is the only UK city to see take-up rise in 2020
Office take-up in Edinburgh city centre rose in the first three quarters of 2020, making it the only UK regional office market that has seen take-up in Q1-Q3 2020 exceed that of 2019.
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Glasgow’s 177 Bothwell Street to become city’s first all-electric office
HFD Property Group’s flagship development at 177 Bothwell Street is set to become Glasgow’s largest fully-electric office building with zero carbon emissions.
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Blackbrook Capital acquires Sainsbury’s Glasgow logistics facility
Blackbrook Capital, a European independent real estate investment firm, has purchased a cross-dock logistics facility in the Glasgow City region in Scotland let to Sainsbury’s.
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Online
New Vue set for Glasgow as work begins at St Enoch Centre
Vue has signed a 20-year lease to create a nine-screen Big Screen Entertainment venue as part of the centre’s £40m ‘East End leisure’ development.
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Scottish government throws out Edinburgh luxury hotel plans
Scottish government ministers have thrown out an appeal for a 150-room luxury hotel in Edinburgh, claiming it would result in “considerable damage” to a location within the city’s UNESCO World Heritage Site.
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£600m in three years raised for Scotland’s life sciences sector
Over £600m has been raised for life science companies headquartered in Scotland in the last three years, according to data from Pitchbook and Savills.
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Morgan Stanley HQ named top corporate workplace in Scotland
Glasgow’s 122 Waterloo Street, home to banking giant Morgan Stanley, has been named Scotland’s top corporate workplace in the British Council for Offices’ 2020 awards.
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Global Mutual and Savills take over Intu Braehead
Intu Braehead in Scotland will now operate under the management of Global Mutual and Savills.
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BidX1 hopes to tap interest in retail assets with Scottish retail park
BidX1 is hoping to tap growing investor interest in retail assets by offering a retail park in Cumbernauld, Scotland, guided at £6.5m at its 4 November auction.
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Online
UBS completes 33,240 sq ft of lettings at Edinburgh business park
UBS Asset Management (UBS-AM) has completed five new lettings totalling 33,240 sq ft at Seven Hills Business Park in Edinburgh.
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M&G’s Quartermile 3 under offer to German investors
Quartermile 3 in Edinburgh is under offer to German investor KanAm in excess of the asking price, Property Week can reveal.
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Scottish investment picks up in Q3 after dismal Q2
Commercial property investment in Scotland picked up in Q3 this year after investment levels plunged in Q2.
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Natwest puts Drummond House on sale
NatWest has put the former Royal Bank of Scotland offices in South Gyle, Edinburgh on the market for an undisclosed sum.
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Office activity improved from Q2 in Scotland
Take-up of office space in Edinburgh, Glasgow and Aberdeen continues to be impacted by the pandemic but has improved in Q3 compared with the previous quarter, according to the latest figures from CBRE.
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MRP’s £110m Glasgow scheme greenlit
Developer MRP has received planning permission for its £110m office and hotel development on Broadway Central in Glasgow.
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Online
Praxis lands Glasgow office letting
Praxis has completed what is understood as largest letting deal in the Glasgow office market since lockdown began with Wescot Credit Services taking 28,000 Sq ft in their Grade A 310 St Vincent Street development.
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Additional restrictions on hospitality sector in Scotland
Additional restrictions will be placed on Scotland’s hospitality sector, the Scottish first minister Nicola Sturgeon announced in an address to Holyrood.
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Investcorp sells £53.5m industrial portfolio to Mileway
Investcorp has sold a portfolio of seven core-plus UK industrial assets to Mileway for £53.5m as it mulls switching its focus to core industrial assets in the UK.
