The return of UK funds and Glasgow’s best year for offices in more than a decade saw levels of investment in Scottish commercial property outperform the five-year average, according to analysis from Knight Frank.
More than £2.5 billion was invested in commercial property which included offices, retail, industrial and specialist property in Scotland during a resilient 2018, above the £2.46bn average since 2014
UK funds increased their investment by 58% last year, rising from £487 million to £771m and up 255% on 2016’s low of £217m. Meanwhile, overseas investors were the most prolific purchasers in Scotland, accounting for £920m (36.8%) of the overall figure.
Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property. The group aims to invest in property assets where they can add significant value using their property management, development and transaction structuring skills.