More than half of Scotland’s commercial property owners and investors have cited serious or terminal financial challenges as a result of coronavirus-related rental income losses, according to a new survey. The Scottish Property Federation (SPF) conducted a poll of commercial pro
Scottish Property Federation
The first tentative steps to get the construction sector in Scotland back to work have been widely supported by the industry but also met with calls for much-needed clarity of exactly what a phased return entails.
The Scottish Government has announced new measures to protect business tenants during the current coronavirus pandemic, with the notice period for commercial leases extended from 14 days to 14 weeks. The notice period before a commercial lease can be terminated for non-payment of rent has been exten
Emergency legislation in response to the COVID-19 pandemic has been welcomed by the Scottish Property Federation (SPF). Having gained unanimous support from MSPs yesterday, the Coronavirus (Scotland) Bill supports and complements the Coronavirus Act 2020, passed by the UK&nb
Scottish Property Federation (SPF) analysis of 2019 commercial property sales figures has revealed that the total value of sales grew in Scotland for the third consecutive year. At £3.37 billion, the value of commercial property sales in 2019 hit its highest annual total since 2015. The total
An increased allocation of funding for affordable homes and energy efficiency from yesterday’s draft Scottish budget has been welcomed, though the Scottish Government “missed an opportunity” to set out how they will invest in Scotland’s builders.
The proposed Non-Domestic Rates Bill risks significant damage to investment in Scotland’s student accommodation sector, the Scottish Property Federation (SPF) has warned. Student accommodation, like any domestic premises, is exempt from business rates. However, the SPF said this principle is c
A Scottish Property Federation (SPF) analysis of the latest commercial property sales figures has shown a rebound in the total value of sales in Scotland in Q3 (July to September) 2019. In total, £1.2 billion was transacted in the quarter, nearly double the total value of commercial prope
The Scottish Property Federation (SPF) has announced Robin Blacklock as its next chair following the trade association’s annual dinner last night. Mr Blacklock, who is the managing director at Dowbrae Property Consultancy, said he comes to the role seeking to emphasise the positive contributio
Commercial property sales values in Glasgow surpassed those of Scotland’s capital for the first time since 2015, new research has found. Analysis of Q2 2019 data by the Scottish Property Federation (SPF) showed that the total value of commercial property sales in Scotland continued t
Planning minister Kevin Stewart said communities will have more say in shaping the future development of their areas after MSPs agreed to a “radical shake-up” of planning laws.
Ministers are being urged to go further in its attempts to deliver change to Scotland’s planning system but have also faced calls that last minute amendments to the Planning (Scotland) Bill could “derail” the system altogether.
The value of commercial property sales in Scotland during the first quarter of 2019 fell by 21% compared to the same period last year, the Scottish Property Federation (SPF) has found.
The chairman of the Scottish Property Federation (SPF) has called upon the Scottish Parliament to fix its Planning Bill, which the industry organisation said is now an unworkable tangle. Speaking at the SPF annual conference at the EICC today, Miller Mathieson, will say that the Bill, which policy m
A plan to boost economic growth within Scotland’s cities through an increase in city-living is benefitting from a surge in build-to-rent led developments, with Glasgow now in the top five cities outside London for the number of homes in planning, under construction and complete. Research publi