JLL

An artist’s impression of the One Five Zero St Vincent Street development

Scotland’s commercial property market must embrace sustainability to thrive - Ma...

JLL said investment in the office sector was beginning to show signs of recovery with a number of key deals taking place in Edinburgh in the first six months of the year.

Property peak: How Scotland is emerging as the UK’s investment hotspot

The building’s fourth and fifth floors have been extensively refurbished as part of the investment.

40,000 square feet at 'striking' office development hits Edinburgh market

There are concerns that Edinburgh could be facing a lack of space for business growth.

Edinburgh growth fears as city faces 'critical' shortage of prime office space

Founded in 1869 by George Lorimer and Robert Clark, the brewery - known locally as the Caley - is sandwiched into a tight area next to Slateford Road in the west end of Edinburgh.

Edinburgh’s historic Caledonian Brewery to be turned into 170 'low-carbon' homes

Property consultancy JLL has hoisted the 'for sale' sign for the former department store in one of Scotland's most famous locations (file image). Picture: Jeff J Mitchell/Getty Images.

Former Debenhams on Edinburgh's Princes Street put on sale by owner L&G

Baseline demand is said to have remained resilient in Edinburgh, with some occupiers in the capital opting to upsize during the first half, including a 28,000 sq ft leasing at 2 Freer Street to Analog Devices.

Scottish office market distorted by weak supply of 'best-in-class' options

'With New Clarendon matching occupiers’ sustainable ambitions, we are already seeing strong levels of interest,' says JLL Scotland. Picture: contributed.

Work begins on creating 'defurbished' office space on Edinburgh's George Street

Highbridge Estates has completed the refurbishment of 24 St Vincent Place, a mixed-use commercial building in central Glasgow, following a £2.5m refinancing loan from Cynergy Bank.

Historic Glasgow sandstone building comes back to life after £2.5m refurb

Quartermile was one of the Edinburgh office developments to attract a key letting deal in the first quarter of the year.

Edinburgh office imbalance reaching 'chronic' levels amid tech lettings boom

Cameron Stott, head of Scotland at JLL in Edinburgh, said there was a tight pipeline of new office space on the horizon. Picture: Sandy young Photography

Edinburgh and Glasgow see office lease renewal surge as more firms stay put

The new National Robotarium building sits on the Heriot-Watt University campus site.

Heriot-Watt seeks partner to create hub that could generate 10,000 jobs

Paul Fallon

Business people on the move

A major refurbishment of the Glasgow office building has included the addition of an extensive café and business lounge.

Three tenants take space at 'flagship' office development in heart of Glasgow

From left: Skypark’s agency team Alex Mackay (JLL), Ken McInnes-Ryden and Scott Farquharson (both Ryden), Alistair Reid (JLL), Tim Jacobsen (Ryden), and Meg Beattie (JLL). Picture: contributed.

JLL signed up as joint letting agent at Glasgow business hub Skypark

The multi-million-pound project includes the complete refurbishment of all floors and common areas of the waterfront property. Picture: contributed.

Commercial property services firms hired to help fill revamped Glasgow offices

The Blindwells masterplan in East Lothian involves the creation of a community of 1,600 homes as well as employment land and a new town centre.

Land sale likely to lead to 140 homes being added to new East Lothian settlement

Towards the end of last year, a partnership between build-to-rent pioneer Moda Living, investor Osborne + Co and MRP, the property development and investment division of construction company McAleer & Rushe, submitted an outline planning application for the development of a four-acre site at Lancefield Quay, Glasgow.

Edinburgh and Glasgow set for thousands more homes amid build-to-rent boom

Sara Dudgeon

Business people on the move

Janey Douglas

Business people on the move

In Edinburgh, there was a total office take-up of just short of 130,000 square feet in Q1 with about 90,000 sq ft of this in the city centre.

Demand for office space in Edinburgh pushes above pre-Covid levels

Hannah Done, Associate Director of Office Agency at JLL, discusses why more Scottish businesses should take advantage of green leases to support their sustainability ambitions.

Green leases are good for business - Hannah Done

The largest transaction in Edinburgh in the closing quarter of 2021 was CBREGI’s purchase of Exchange Place One.

Edinburgh and Glasgow office markets close in on pre-pandemic levels: new data

4-5 Lochside Avenue was originally purchased in January 2020 from LaSalle Investment Management and sits on a three-acre site in the heart of Edinburgh Park.

Major Edinburgh office building goes green after £20 million overhaul

Heriot-Watt Research Park is located adjacent to the university’s main campus in west Edinburgh. Picture: White House Studios

Heriot-Watt University hires JLL to 'relaunch' capital research park

Castleforge Partners has snapped up the Crowne Plaza hotel on Royal Terrace, noting that the establishment was located close to the new St James Quarter development.

Hotel on one of Edinburgh's grandest streets to undergo refurb after takeover

The category A listed building occupies a highly prominent location on the north side of St Vincent Street, Glasgow between its junctions with Renfield Street and West Nile Street.

'Strategically positioned' Glasgow office block changes hands in £5m-plus deal

JLL has advised Queensferry Hotels on the off-market sale of the Bruntsfield Hotel, Edinburgh.

Hotel overlooking Edinburgh’s Meadows park changes hands in off-market deal

The Bothwell Street property was built in 1849 and was redeveloped for occupation by Abbey National, now Santander. It is currently a multi-let office space that is home to several occupiers. Picture: McAteer Photography

Historic Glasgow building hits market with £3m-plus price tag

From left: Lismore directors Chris Macfarlane, Simon Cusiter, Richard Mackie and Colin Finlayson. Picture: Contributed

Ex-JLL heavyweights establish Edinburgh property consultancy

JLL said the Scottish capital is attractive to investors, developers and corporates. Picture: Ian Rutherford.

Edinburgh ranks 15th on list of 100-plus cities due to talent pool

JLL said the Scottish capital is attractive to investors, developers and corporates. Picture: Ian Rutherford.

Edinburgh ranks 15th on list of 100-plus cities due to talent pool

Some 650,000 square feet of office space was transacted in 2019, falling just 5 per cent short of the ten-year average for the city. Picture: Contributed

2019 snapshot: Edinburgh office market holds its nerve

The now empty office building is at the east end of George Street, close to St Andrew Square. Picture: Paul Zanre

Occupiers sought for huge office building in Edinburgh city centre

An aerial view of the Queensferry One site. Picture: Contributed

Amazon taking huge site next to Queensferry Crossing

The deal sees Murray conclude 13 years of ownership. Picture Neil Hanna.

Murray Capital set to sell Edinburgh office in £54m deal

Hilton has taken approximately 42,000 square foot across three floors at 191 West George Street in Glasgow. Picture: Contributed

Hilton to check into revamped Glasgow site

Some WeWork properties have private and communal spaces. Picture: Nick Tortajada

Commercial property: Flexible office space set to double

The Leonardo Innovation Hub deal marks the latest property investment by Asian groups in Scotland. Picture: Contributed

Edinburgh aerospace site sells for £100m to Korean investor

David Bell has 30 years of planning and development experience. Picture: Contributed

Planning expert departs JLL after 18 years to go it alone

Edinburgh office HQ up for grabs

A forecast predicts it will become more expensive to buy or rent a home in both Scottish cities

House prices in Edinburgh and Glasgow to grow above UK average
The cost of housing in Edinburgh and Glasgow is set to rise above UK averages over the next five years, market analysis has revealed.

Property prices in Edinburgh are set to soar once more. Picture: TSPL

Edinburgh house prices set to soar well above UK average over next 4 years

Savills predicts rising city centre office rents will make out of town locations, such as Edinburgh Park, more popular. Picture: McAteer Photograph

Lack of supply to send Edinburgh office rents soaring

The next phase at Parabolas Edinburgh Park will provide much needed supply. Picture: Contributed

Edinburgh office market standing firm

Significant deals included Clydesdale Banks pre-let at Bothwell Street. Picture: Contributed

Glasgow office market towers to record high

The Exchange Plaza building on Lothian Road is home to a number of businesses. Picture: Contributed

Law firm Burness Paull seals deal for extra floor at Edinburgh base

German property firm Patrizia has announced the sale of the 1 Tanfield office development. Picture: contributed.

Capital office changes hands in Â£66m deal

GV of The Arches, east Market St

Commercial property: Retailers must be open to experience

A deal for The Mint Building in Edinburgh was one of the highlights of the period. Picture: Contributed

Investment in Scots commprop builds to record high

Commercial property: More exposure for latest trend in office space

An architectural image of Barclays new campus at Buchanan Wharf. Picture: Contributed

Glasgow office market riding high after record quarter

The games room of Zurich's seventh floor office at the St Vincent Plaza in Glasgow. Picture: Contributed

JLL assists Zurich move to revamped Glasgow site

Jenners department store on Princes Street which may close down.

What's next for Jenners? Firm on standby to put retailer into administration

Edinburgh office sector in Q2 rebound

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