165% increase in large industrial space demand suggests Scottish economy more resilient than BBC ‘picture’

Scotland ‘business’ today

Not for the first time, this kind of news in the Insider online magazine doesn’t make it into the MSM coverage:

Take-up of large industrial and logistics space hit a record high in the first half of 2020 despite the pandemic, according to real estate firm Savills. The firm’s latest Big Shed Briefing reports leases of properties of more than 100,000 sq ft totalled 704,531 sq ft across four transactions. That was a 165% increase on the long-term first half average and 95% increase on the first half of 2019. The deals included Iceland committing to 284,000 sq ft on Houston Industrial Estate in Livingston; Stanford Logistics agreeing to 122,575 sq ft at Titan Eurocentral in Motherwell; and Hewlett Packard Enterprise signing a new lease on 170,956 sq ft at HP Erksine in Bishopton.


Earlier reports here:

90% growth in turnover in life sciences reveals strength in Scottish economy: https://talkingupscotlandtwo.com/2020/02/26/90-growth-in-turnover-in-life-sciences-reveals-strength-in-scottish-economy/

BBC Scotland expert misses positive economic trend as commercial property sales DOUBLE to exceed most of England

Number of Scottish businesses at record high.

Scotland’s labour productivity has increased

8% of the population far more of lots of other things but Scottish Government still not satisfied

Venture capital investments in Scotland up 36% in one year!

35% reduction in Scottish business insolvencies to much lower level than in rUK

Scotland strong without the oil as Treasury ‘spaffs revenues up wall’

Confidence in BBC Scotland business reporting further ‘evaporates’ as they misrepresent an already unrepresentative study

8% of the population 29% of food and drink exports: Scotland ‘dominant force behind UK international trade in agriculture and food products’

How Scotland Thrives – September 2019

Why does Fraser of Allander Institute lazily wrongly lump Scotland in with England’s tourism recession?

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