Demand for commercial property in Scotland is high, in particular among foreign investors, and transaction values are on track for a rise of 33% to more than £662m this quarter, according to research by Savills.
Estimates put spending in Edinburgh at around £215m, in Glasgow at £108m and in Aberdeen at £83m.
Nick Penny, head of Savills Scotland, said foreign interest could be due to the fact that yields are typically between 50 and 150 basis points higher than English equivalents. The number of deals has not changed that much, but there have been some bigger deals than might be expected.
