The 'big six' regional office markets across the UK – Manchester, Leeds, Birmingham, Edinburgh, Glasgow and Bristol – are experiencing a significant rise in the number of law firms looking for premium real estate to drive talent attraction and retention, according to Savills. Demand for
Savills
Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34 per cent decline from the previous year, according to Savills.
Scotland's property prices have continued to rise, with the highest increase in house prices recorded in over a decade. The pandemic has caused a property boom, reaching its peak in May, which has led to a 12.1 per cent rise in property prices.
Property giant Savills has seen reported a 74 per cent year on year increase in home sales across the north east of Scotland in a post-lockdown market bounce. Savills said that the increase between July- October 2019 and the same period this year mirrors what is happening across Scotland as a whole.
Global real estate services provider Savills yesterday opened a new office in Inverness. The new office, headed up by director Faye Gonzalez, comprises experts in estate management, rural agency, architecture, building surveying, CPO, Valuations, rural tourism and diversification.