Another umpteenth post on underlying strength in Scottish Economy: Edinburgh’s office investment up nearly 30%

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Again, from Insider:

‘Edinburgh office market movement up nearly 30% in a year. Office market movement in Edinburgh in the third quarter of 2018 remained at the same level as the second quarter – but up 28% on the same quarter last year. Figures from CBRE show take-up for the third quarter was approximately 272,000 sq ft, a decrease in take-up from the second quarter although the letting of 525 Ferry Road to Edinburgh Palette in that quarter accounted for the majority of the difference.’

https://www.insider.co.uk/news/edinburgh-office-commercial-property-market-13512602

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 of the demand for property in 2018 only:

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

‘Glasgow’s blistering commercial property market’

One more indicator of economic well-being as Investment in Glasgow office property surges four-fold and Scotland ‘very much on the wish list’

More real economic data: 37% surge in investment in Scottish commercial property, greater diversity and higher profitability than in the UK

Scottish economy’s underlying strength invisible to our Nomedia

Miles Better? Glasgow hotel revenue growing eight times faster than UK average

 

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4 thoughts on “Another umpteenth post on underlying strength in Scottish Economy: Edinburgh’s office investment up nearly 30%

  1. gavin November 1, 2018 / 4:27 pm

    File under —–stories you wont hear on the Jakie the Craw Show at 6.30pm.

    “Good news is no news”—That is our motto!

    Liked by 1 person

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