
Scottish Property Outlook – Glasgow 2023
"An audience of property owners, developers, investors, funders and advisers gathered at the voco Grand Central on Wednesday 20th September for Savills annual Scottish Property Outlook event. "
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"An audience of property owners, developers, investors, funders and advisers gathered at the voco Grand Central on Wednesday 20th September for Savills annual Scottish Property Outlook event. "

"Prime activity across Scotland is defying expectations, with an annual increase in £500,000+ sales"

"Scotland’s prime market has witnessed a positive start to the year with constrained supply underpinning values. However, as a wider selection of properties become available, realistic pricing will be essential in order to convert underlying levels of demand into transactional activity"
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"Opportunities for Scottish real estate in a changing world"

"Looking further ahead, the prime Scotland market will remain robust as the value gap and quality of life, alongside the strength and depth of Edinburgh and Glasgow’s economy, means there’s more capacity for growth, and we expect the markets here to outperform the overall prime UK market over the next five years"

"Vacancy rate is now 3.34%; all space is second-hand and low-quality"

"Glasgow’s expanding skills and talent base is future-proofing the local economy and shaping new development in the city"

"Vacancy rate now 6.85% as second-hand units return to the market"

"Demand continues to outweigh supply"

"Vacancy rate now 3.27%; chronic shortage of quality space"