What with Brexit, we’ve not had a story about the underlying robustness in the Scottish economy under SNP leadership for some time so it’s good to catch this one before it sinks below the waves of consciousness at Pacific Quay. From Insider today:
Commercial property sales have rebounded in total value in the third quarter of 2019, according to Scottish Property Federation figures. In total, £1.2 billion worth of sales was transacted in the quarter, nearly double the total value of commercial property sales in April to June 2019.
CoStar also highlighted that Scotland attracted more investment than any other UK region outside of London and the South East, with volumes heavily supported by a continuing flow of capital from overseas.
It was reported that foreign investors were behind over half of all acquisitions by value, with European and American investors involved in sizeable purchases.