Opening new doors for Scotland’s third sector

Across Scotland, pressure is building to breathe life back into our urban centres. Hybrid working patterns and economic uncertainty have left too many buildings sitting empty.

The commercial property market in Glasgow is evolving

Yet within this challenge lies a growing success story: strategic partnerships between landlords and charities that transform dormant space into active, community-focused assets.

These spaces don’t just help charities stay operational, they keep them visibly present on our high streets, where they contribute to wellbeing, local identity and economic vibrancy.

Hammond Associates – the only UK company specialising in ethical, temporary charitable occupation – working in partnership with CBRE, has shown how short-term, purpose-driven use of empty buildings can have an immediate regenerative effect on their surroundings.

In cities like Glasgow – where cultural heritage and civic pride underpin wider regeneration ambitions – these interim uses can act as powerful catalysts. Take the former Clydesdale Bank on St Vincent Place. Following its acquisition by Lujo Properties in 2024, CBRE and Hammond Associates explored how the building could be utilised while its long-term future is being shaped.

The result was a reimagined Victorian banking hall, now home to Outer Spaces, providing free studios for 124 Glasgow artists alongside a programme of newly commissioned public exhibitions.

The evolution of St Vincent Place demonstrates the wider potential of temporary occupation.

This approach delivers benefits for both sides. Landlords reduce holding costs, avoid prolonged vacancy and create genuine social value. Buildings are safer, better maintained and more fully integrated into placemaking efforts.

Registered charities occupying properties for charitable purposes can access 80 per cent mandatory rates relief, with a further 20 per cent discretionary relief available.

As the real estate sector increasingly focuses on ESG outcomes, the ability to generate measurable social value is becoming a defining performance metric.

Across Scotland, there are countless buildings waiting for a role, a purpose or a plan.

The success of projects like St Vincent Place should encourage property owners, local authorities, and policymakers to look more widely across Scotland and champion temporary use as a standard part of our regeneration efforts.

Tony Rosenthal, Head of Rating and Head of Glasgow at CBRE Scotland