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Scotland Snapshot May 2022

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Scotland Snapshot February 2022 hero

Despite several headwinds, both the Scottish economy and commercial property markets have performed reasonably well in Q1 2022.


While interest rates and gilts are expected to increase further this year, we expect CRE investment volumes to remain strong, driven by the domestic and global weight of capital.

Key highlights in our Scotland Snapshot include:

  • Q1 2022 investment volumes up by 20% on Q1 2021 levels

  • Cross border capital accounts for 60% of all activity in Q1 2022

  • Office leasing continues to stabilise

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Scotland Snapshot May 2022

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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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Elliot Cassels

Director

National Capital Markets

Edinburgh

I have over 20 years ' experience working in capital markets throughtout the UK. I have a proven track record of deal delivery. I actively advise clients on property investment acquistions and disposals throughout Scotland and across the UK.

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Oliver Kolodseike

Director of Economics and Research

Research and Forecasting

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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