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Insider UK
Insider UK
Business
Peter A Walker

Occupier and investor demand falls further across Scotland

Scotland

Occupier and investor demand for commercial property in Scotland fell further, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.

The survey points to a weakening in the market as the prospect of further interest rate rises weigh heavily on the outlook over the year ahead.

On the occupier side, overall tenant demand in Scotland fell to a net balance of -10% of respondents; the lowest figure since the first quarter of 2021.

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