Umpteenth post on underlying strength in Scottish economy: Property investment up 19.8%!

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In Insider today:

‘Scottish property investment in the third quarter of 2018 reached £318.4 million, according to research from CBRE Scotland. The property firm said the total figure was achieved across 35 transactions with offices accounting for 29 per cent (£93.7 million), 20 per cent on industrial property (£63.8 million) and 23 per cent on retail deals (£72.16 million). The year-to-date investment in Scotland totals £1.51 billion which is a rise on the £1.26 billion [up 19.8%] average at this point. By the end the total is expected to top £2 billion.’

A strong Q4 finish is also expected confidently.

https://www.insider.co.uk/news/scottish-property-investment-third-quarter-13398771

At risk of endless repetition, investment in property is real evidence of a real need for the physical space in which to do business because of a real demand for that business, in Scotland, in 2018 and at least for some time beyond that.

Previous evidence 2018 only:

Scottish business confidence well above UK average

SNP blamed as private businesses experience too much demand and overcrowding with new staff second only to Labour-mayored London.

Scottish business confidence stays high…Ah but!..Oh shut up Revoking Scotland!

63% fall in large business insolvencies as Scottish economy reveals strength

See this Douglas? Business investment in Scotland up 250%!

Scottish Business Strength No.77: Small Scottish construction firms’ growth up 17%

Scottish small businesses still more confident than those in non-Scottish parts

Business activity soars to four-year high across manufacturing and service

Business confidence in Scotland soars by 24% while it sinks 29% in non-Scottish parts of UK

Scottish businesses more likely to be stable than those in rest of UK: News from a parallel universe unknown to our mainstream media

Scottish Government supports economy with new business rates unique in UK

Scottish business confidence higher than in any other region of UK

 

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