Based on the annual regional cities office market review produced by Knight Frank , Glasgow saw a four-fold increase in the total value of investment last year with almost half due to overseas investment. From Knight Frank and reported in Insider today:
‘Clearly, prime asset opportunities in Scotland remain highly sought after across the globe. In 2018, we expect to see competition between investors, coupled with a shortage of premium asset opportunities, contributing to hardening yields. For many organisations, it’s clear that Scotland remains very much on the wish list.’
I know I keep battering away at this, but we have here, the kind of hard evidence of a strong economy which contrasts with the woolly estimates favoured by our media – GDP and GERS. There are probably thirty of forty earlier reports here providing other comparable hard evidence. Here are only some:
77% of Scotland’s small and medium-sized businesses report success as Scottish Government reports record numbers exempt from rates and in the wake of figures revealing much greater signs of distress among rUK businesses.
Much of this is based on easily-accessed, mainstream, business magazines which I must assume litter the coffee tables in Pacific Quay.