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Scotland Snapshot Q3 2021

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Renewed Covid-19 fears sent global equity markets and the oil price lower earlier this week. Consequently, investors headed for the government bonds safe havens. Despite financial and commodity market volatility, the Scottish commercial real estate and occupier markets had a reasonable good second quarter. In this quarter’s Snapshot we highlight:

  • Investment volumes reach £400m in Q2, around 10% above the Q1 figure
  • Strong investor interest for office assets in Edinburgh
  • Retail investment remains subdued as vacancy rates continue to rise

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Scotland Snapshot Q3 2021

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Related Experts

Douglas McPhail

Head of Scotland

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

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 mosthigh profile commercial property transactions.

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

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Elliot Cassels

Director

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

Associate Director

London - West End

Oliver is an Associate Director in the Research and Forecasting department  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 recently launched 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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