Moira Gordon discusses how the Aberdeen City Council's decision to scrap Empty Rates Relief (ERR) to address budget shortfalls may have unintended consequences for businesses across Scotland, as it could negatively impact investor appetite for the city and widen the gap with England's favourable bus
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Scotland's thriving life sciences sector needs increased investment in top-quality lab and research facilities to sustain growth, according to real estate advisor CBRE. Speaking at an event in Edinburgh, Chris Dougray, head of development at CBRE Scotland, and Chris Williams, CBRE’s head of li
One of Edinburgh's newest and greenest office developments, 30 Semple Street, has secured its first pre-letting tenant six months before construction completes. Six months prior to completion of building works, independent pensions and investment advisory firm Hymans Robertson is the first tenant to
CBRE's new headquarters in Glasgow has achieved one of the UK’s highest sustainability ratings.
CBRE has announced that Tony Rosenthal has been appointed as the new head of its team in Glasgow. With six years of experience at CBRE, Mr Rosenthal will spearhead the growth of the agency's existing services and explore opportunities in emerging sectors within the Glasgow commercial property market
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. While take up was slightly down on the previous three months, Edinburgh and Glasgow are showing positive signs of recovery with significant
Global real estate advisor, CBRE, which has offices in Glasgow, Edinburgh and Aberdeen, has announced Alzheimer’s Society – the UK’s leading dementia charity – as its new UK charity partner. In the UK, roughly 900,000 people live with dementia and this number is expected to r
Global real estate advisor CBRE has predicted a modest 0.8% decrease in house prices in Scotland for 2024, slightly below the UK average of 0.9%. However, a positive outlook emerges as CBRE foresees a rebound in 2025 with a 4.2% rise to £187,589, and a further 5% increase in 2026, reachin
CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024. This optimistic outlook is bolstered by the Bank of England's anticipated interest rate cuts in the second half of 2024, wh
Real estate advisory firm CBRE has appointed Sarah Hagen as a director at its Glasgow office. She will lead the Glasgow Office Agency team with responsibility for investor and occupier services. Ms Hagen joins following a nine-year stint at Knight Frank, where she has been a partner.
Investment into mid-market senior living developments is needed to address the shortage of senior living facilities across the UK, according to a new report from real estate advisor CBRE. CBRE’s first senior living survey analysed responses from over 2,000 UK residents aged 55+ and found that
The third quarter of 2023 has seen continued momentum in Scotland’s major office markets in Glasgow and Edinburgh, despite prevailing economic pressures, according to the latest figures from real estate advisor CBRE.
Tony Rosenthal, a senior director in CBRE Scotland's rating team, has been appointed as the new Scottish president of the Institute of Revenues, Rating and Valuation (IRRV). The IRRV is a professional institution operating in the field of revenues, benefits and valuation. A key aim of the Institute
Real estate advisor CBRE has announced a raft of new promotions across its Scottish teams. Caroline Smillie from the Occupier Accounts team has been promoted to senior director. Caroline has been advising global occupiers for over 15 years and is based in the Edinburgh office.
Real estate advisor CBRE has completed its latest round of internships for charity Career Ready in Scotland. Career Ready is a national social mobility charity which boosts the social inclusion and mobility of young people through a programme of mentoring, paired with a paid four-week workplace inte