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Scotland Property Snapshot May 2020

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Scotland Snapshot Q1 2020

Prior to the COVID-19 lockdown Scotland enjoyed a relatively strong first quarter of the year in commercial property investment. Deal volumes were up 40 per cent to £420 million on the same period in 2019. 

Although preliminary data for April suggests that the market came to a complete standstill at the start of Q2, a number of assets are currently under offer. If the lockdown is starting to be eased during the summer months, then we should see a return to stronger activity in the second half of the year, as there remains a large amount of capital ready to be deployed.

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Scotland Property Snapshot May 2020

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Related Experts

Douglas McPhail

Head of Scotland

Investment Property Management

Glasgow

As department head, Douglas has overall responsibility for approximately 500 properties under management with a total rent roll in excess of £230million.  Helpdesk for tenant/occupier use and a full property accounts team.  He has developed the business management procedures required for ISO9001 accreditation used by the CCRE IPM department across the UK.

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Patrick Ford

Director

National Capital Markets

Glasgow

I am an experienced Director working closely with my capital market colleagues throughout Colliers UK. I have a proven track record of deal delivery which includes some of Scotlands most high profile commercial property transactions.

I actively advise clients on property investment acquistions and disposals throughout the country and across the UK.

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Oliver Kolodseike

Director of Economics and Research

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London - West End

Oliver is Head of Economic Research and leads the quarterly UK forecasting process including the publication of Colliers' Real Estate Investment Forecasts (REIF) report. He also  authors the monthly Property Snapshot and, quarterly Scotland Snapshot. Prior to joining Colliers, he worked for the Centre for Economics and Business Research and IHS Markit. Oliver holds a BA in Economics from  Georg-August University Göttingen (Germany) and an MSc in Economics from Exeter University.

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