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Insider UK
Insider UK
Business
Peter A Walker

Retail investment drives Scottish capital markets as lack of supply hits offices and industrial

Quarterly investment volumes into Scottish commercial property reached £460m in the first quarter, up from £380m during the same period a year ago.

Commercial property services group Colliers reported that at £140m, retail investment accounted for 30% of all activity by value.

Despite investment volumes being 20% below the five-year average of £570m, the country attracted a significant amount of overseas investment, with cross border capital accounting for more than 60% of all activity - one of the largest shares on record.

Looking at the major cities, Aberdeen attracted £160m of investment in the first quarter, considerably higher than the average of £40m, while £150m was transacted in Edinburgh. Activity was more limited in Glasgow.

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