04
September
2008
|
00:00
Europe/London

Despite a relatively slow first half of 2008, the outlook for Scottish offices remains positive

Take-up in Glasgow and Edinburgh was relatively subdued in the first six months of 2008. In contrast, Aberdeen saw first half transactions exceed the 2007 annual total by 19% on the back of very strong demand

Take-up in Glasgow and Edinburgh was relatively subdued in the first six months of 2008. In contrast, Aberdeen saw first half transactions exceed the 2007 annual total by 19% on the back of very strong demand.

Availability increased to varying degrees across all three major Scottish markets with further increases expected as development space completes.

Rental values held firm during the first six months of the year and may rise slightly before the end of 2008.

Investment transactions were also relatively subdued across Scotland as yields continued to soften across all three centres.



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