Skip to main content Skip to footer
Change country

Scotland Snapshot Q3 2021

Download Report
ScotlandSnapshotQ32021Hero
By Douglas McPhail and Oliver Kolodseike

Renewed Covid-19 fears sent global equity markets and the oil price lower earlier this week. Consequently, investors headed for the government bonds safe havens. Despite financial and commodity market volatility, the Scottish commercial real estate and occupier markets had a reasonable good second quarter. In this quarter’s Snapshot we highlight:

  • Investment volumes reach £400m in Q2, around 10% above the Q1 figure
  • Strong investor interest for office assets in Edinburgh
  • Retail investment remains subdued as vacancy rates continue to rise
ScotlandSnapshotQ32021Search

Scotland Snapshot Q3 2021

Download Report
Related Experts
Douglas McPhail | Colliers | Glasgow

Douglas McPhail

Head of Scotland

Glasgow

+44 141 226 1067
+44 779 501 0110
Email

As department head, Douglas has overall responsibility for approximately 500 properties under management with a total rent roll in excess of £230million.  Helpdesk for tenant/occupier use and a full property accounts team.  He has developed the business management procedures required for ISO9001 accreditation used by the CCRE IPM department across the UK.

View expert
Oliver Kolodseike | Colliers | London - West End

Oliver Kolodseike

Director of Economics and Research

London - West End

+44 20 7487 1671
Email

Oliver is Head of Economic Research and leads the quarterly UK forecasting process including the publication of Colliers' Real Estate Investment Forecasts (REIF) report. He also  authors the monthly Property Snapshot and, quarterly Scotland Snapshot. Prior to joining Colliers, he worked for the Centre for Economics and Business Research and IHS Markit. Oliver holds a BA in Economics from  Georg-August University Göttingen (Germany) and an MSc in Economics from Exeter University.

View expert