New CBRE research has identified Aberdeen, Edinburgh and Glasgow as being among the top UK towns and cities outside London where multifamily, or build-to-rent (BTR), developments could increase due to growing demand for private rented accommodation over the next decade. CBRE analysis identified thre
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Investors from the Middle East have deployed £230 million into Scotland in 2019, according to real estate advisor CBRE. A total of £880m was invested by businesses across the UK regions with £650m injected into central London.
CBRE has released its latest figures on Scotland’s office market, revealing an encouraging performance despite ongoing political uncertainty. The final quarter of 2019 saw Glasgow office take-up of 248,207 sq ft, bringing the 2019 total to 856,410 sq ft. The take-up for the quarter was 12.17%
The real estate sector should gain momentum in 2020 after a Brexit withdrawal agreement is reached, according to CBRE’s UK Real Estate Market Outlook 2020. CBRE forecasts that the UK economy will have a slow start to 2020, before picking up in Q2. It forecasts continued real earnings growth, d
Global real estate advisor CBRE has announced a total of thirteen promotions across its Scottish teams. In the Edinburgh office, Steven Hirst from the valuation and advisory services team has been promoted to senior director, while Caroline Tomczyk who works in lease consultancy and Alistair Wright
A major new industrial facility near Aberdeen International Airport has been forward funded to the tune of £11.5 million after being pre-let to an NYSE-listed engineering company.
A 5.96-acre site within the village of Carfin in Lanarkshire has been sold to Wilson Developments for an undisclosed sum.
Property consultant CBRE has announced the appointments of Moira Gordon and Kirsty Gordon from FG Burnett to its Scottish rating team in Aberdeen. Moira, who joins CBRE as a director, was recently promoted to head of rating having worked in FG Burnett’s Aberdeen office since 2010.
Property consultant CBRE has announced two appointments to expand and strengthen its Engineering Services team - part of the firm’s National Building Consultancy. (from left) Engineering Services appointees Gordon Black and Ross Henderson with national building consultancy director Alan Maxwel
Shelborn Investments Limited is planning a full refurbishment of 124 St Vincent Street after completing an acquisition of the Glasgow office building.
Property consultant CBRE has announced the appointment of Hannah Lowe as an assistant surveyor in the advisory and transactions services team in Glasgow. Hannah, who completed her BSc (Hons) Property Management and Valuation at Glasgow Caledonian University in 2018, has been a trainee valuer with th
More than £5 billion of capital investment is to be made in 2019-20 to deliver on the Scottish Government’s aim to “grow and modernise” infrastructure, finance secretary Derek Mackay has announced. Presenting his Scottish Budget 2019/20 to the Scottish Parliament yesterday, M
Tony Rosethal Property consultant CBRE has announced the appointment of Tony Rosenthal as director in the Scottish rating team in Glasgow.
Pontegadea acquired 78-90 Buchanan Street in Glasgow for £31m Investment in Scottish property reached £318.4 million during the third quarter of 2018 with office property accounting for the largest share, according to the latest research from CBRE Scotland.
Custom House Property consultant CBRE has submitted planning applications for three major developments across the west of Scotland on behalf of developer clients.