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Causes for optimism in Edinburgh’s office market - JLL

Johnnie Walker, which runs a whisky attraction on Princes Street, was one of the biggest backers of the Edinburgh Festival Fringe this year.

Visitor attraction confident despite £31.5m sale of landmark building

The building’s fourth and fifth floors have been extensively refurbished as part of the investment.

40,000 square feet at 'striking' office development hits Edinburgh market

There are concerns that Edinburgh could be facing a lack of space for business growth.

Edinburgh growth fears as city faces 'critical' shortage of prime office space

Property consultancy JLL has hoisted the 'for sale' sign for the former department store in one of Scotland's most famous locations (file image). Picture: Jeff J Mitchell/Getty Images.

Former Debenhams on Edinburgh's Princes Street put on sale by owner L&G

Baseline demand is said to have remained resilient in Edinburgh, with some occupiers in the capital opting to upsize during the first half, including a 28,000 sq ft leasing at 2 Freer Street to Analog Devices.

Scottish office market distorted by weak supply of 'best-in-class' options

'With New Clarendon matching occupiers’ sustainable ambitions, we are already seeing strong levels of interest,' says JLL Scotland. Picture: contributed.

Work begins on creating 'defurbished' office space on Edinburgh's George Street

Quartermile was one of the Edinburgh office developments to attract a key letting deal in the first quarter of the year.

Edinburgh office imbalance reaching 'chronic' levels amid tech lettings boom

Cameron Stott, head of Scotland at JLL in Edinburgh, said there was a tight pipeline of new office space on the horizon. Picture: Sandy young Photography

Edinburgh and Glasgow see office lease renewal surge as more firms stay put

The new National Robotarium building sits on the Heriot-Watt University campus site.

Heriot-Watt seeks partner to create hub that could generate 10,000 jobs

House prices in Edinburgh are being pushed up by a lack of supply to meet the demand (Picture: Andrew Matthews/PA)

Housing boom beyond green belt show city’s failure to meet its own demand

The Blindwells masterplan in East Lothian involves the creation of a community of 1,600 homes as well as employment land and a new town centre.

Land sale likely to lead to 140 homes being added to new East Lothian settlement

Towards the end of last year, a partnership between build-to-rent pioneer Moda Living, investor Osborne + Co and MRP, the property development and investment division of construction company McAleer & Rushe, submitted an outline planning application for the development of a four-acre site at Lancefield Quay, Glasgow.

Edinburgh and Glasgow set for thousands more homes amid build-to-rent boom

In Edinburgh, there was a total office take-up of just short of 130,000 square feet in Q1 with about 90,000 sq ft of this in the city centre.

Demand for office space in Edinburgh pushes above pre-Covid levels

The largest transaction in Edinburgh in the closing quarter of 2021 was CBREGI’s purchase of Exchange Place One.

Edinburgh and Glasgow office markets close in on pre-pandemic levels: new data

4-5 Lochside Avenue was originally purchased in January 2020 from LaSalle Investment Management and sits on a three-acre site in the heart of Edinburgh Park.

Major Edinburgh office building goes green after £20 million overhaul
A property developer is talking up an Edinburgh office building’s green credentials after completing a major £20 million refurbishment.
Scott Reid

Heriot-Watt Research Park is located adjacent to the university’s main campus in west Edinburgh. Picture: White House Studios

Heriot-Watt University hires JLL to 'relaunch' capital research park

Castleforge Partners has snapped up the Crowne Plaza hotel on Royal Terrace, noting that the establishment was located close to the new St James Quarter development.

Hotel on one of Edinburgh's grandest streets to undergo refurb after takeover

JLL has advised Queensferry Hotels on the off-market sale of the Bruntsfield Hotel, Edinburgh.

Hotel overlooking Edinburgh’s Meadows park changes hands in off-market deal

From left: Lismore directors Chris Macfarlane, Simon Cusiter, Richard Mackie and Colin Finlayson. Picture: Contributed

Ex-JLL heavyweights establish Edinburgh property consultancy

JLL said the Scottish capital is attractive to investors, developers and corporates. Picture: Ian Rutherford.

Edinburgh ranks 15th on list of 100-plus cities due to talent pool

JLL said the Scottish capital is attractive to investors, developers and corporates. Picture: Ian Rutherford.

Edinburgh ranks 15th on list of 100-plus cities due to talent pool

Some 650,000 square feet of office space was transacted in 2019, falling just 5 per cent short of the ten-year average for the city. Picture: Contributed

2019 snapshot: Edinburgh office market holds its nerve

The eight storey building at the East end of George Street spans 70,000 sq ft, and is available following an extensive refurbishment, completing in November.

Edinburgh's biggest 'Grade A' office block with panoramic views of Capital goes ...

An aerial view of the Queensferry One site. Picture: Contributed

Amazon taking huge site next to Queensferry Crossing

JLL cited the recent decision by US giant WeWork to launch in Edinburgh as the latest indicator of the sectors strength. Picture: Contributed

Edinburgh and Glasgow to double up on flexible office space

Property prices in Edinburgh are set to soar once more. Picture: TSPL

Edinburgh house prices set to soar well above UK average over next 4 years
The cost of housing in Edinburgh is set to rise above UK averages over the next five years, according to market analysis.
By The Newsroom

Jenners department store on Princes Street which may close down.

What's next for Jenners? Firm on standby to put retailer into administration

Campaigners say rents are rising faster than wages

Edinburgh council urged to act on soaring city rents

525 Ferry Road is Edinburgh's largest vacant office building. Picture: McAteer Photograph

Edinburgh's largest vacant office going on the market

JLL said Edinburgh has 'increased its visibility' among international investors. Picture: Steven Scott Taylor

Edinburgh breaks into global top five for property

Property values across the Capital are set to soar in the next 4 years..Picture by Alex Hewitt
alex

Edinburgh house prices set to soar by 23% in next 4 years

Some 93% of investment in Edinburgh's office market last year came from overseas. Picture: Ian Georgeson

Overseas buyers '˜dominate' Edinburgh office market

Experts warned that some office occupiers could be squeezed out of Edinburgh city centre by rising costs. Picture: Toby Williams

'˜Perfect storm' as Edinburgh office demand outstrips supply

JLL highlighted demand for Edinburgh offices including One Lochrin Square. Picture: Contributed

Edinburgh's office take-up resilient after EU vote