Office investment market outperforms other UK regions

Published: 10 August 2018

New research has revealed that Edinburgh accounted for just under a quarter of all office investment activity in the UK regions from April-June this year.

The latest Big Nine report from GVA shows, that from a total of £500m invested across regional cities, Edinburgh attracted £124m, the highest volume outside of London.

Sentiment in Edinburgh has been strong for some time and the latest figures only underline the confidence in the market...

Stuart Agnew, Senior Director in Investment , GVA

 

Activity in the city was bolstered by the two largest deals of the quarter outside London, which saw MAS Real Estate purchase New Uberior House for £71m and Chris Stewart Group sell The Mint Building to Hines for £53m.

Significant deals are in the pipeline for Edinburgh in the next quarter, with 40 Torphichen Street and Blenheim House both under offer totalling c. £50M in value. With an anticipated strong final quarter, it is likely that total Investment volumes could reach in excess of £350m...

Full story via SBNN News

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