"After a very slow July/ August holiday period, the market 161,385 sq ft sparked back into life in Q3 with viewing numbers right back up to Q1 levels with a strong mix of new and existing requirements – a very strong Q4 anticipated." ...
"After a blistering Q1, occupational demand slowed after Easter and pre-election, as interest rates remained stuck at 5.25% and the economy – and more importantly occupiers – played a game of 'wait and see'." ...
"Whilst we are confident of steadily improving market conditions, the fundamentals remain imperative - stock selection, timing, competing developments/pipeline supply, ESG credentials, occupier requirements - the wheat from the chaff."
We're delighted to have moved to our new office space at 36 North Castle Street, Edinburgh.
The CoStar Awards recognise and celebrate commercial real estate's top agents and agencies across the UK and we're delighted to have recently won three of the five categories for the Edinburgh office market.
Hymans Robertson will be taking 14,700 sq ft at 30 Semple Street and is the first occupier to sign up to Edinburgh’s newest and greenest office development.
The Q4 Edinburgh office market was characterised by 3 things – a clear return in confidence to the occupational markets, aggressive alternative use buyers taking advantage of continued negative office investment sentiment and further construction cost volatility.
It's that time of year and CuthbertWhite are back with a new offering...Merry Christmas One and All, and best wishes for a prosperous 2024!
As predicted, Q3 saw a West Edinburgh bounce-back with new or well refurbished product attracting strong tenant demand from a variety of sectors. The city centre remains very active, particularly at the smaller end of the market although we anticipate a number of larger 20k…
The lack of speculative Edinburgh product is well documented and whilst strong rental growth is rife across the core city centre market, it is undermined by continued challenges in the debt and construction markets, together with a lack of investor sentiment.