Scotland Property Snapshot May 2020

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Scotland Snapshot Q1 2020

Prior to the COVID-19 lockdown Scotland enjoyed a relatively strong first quarter of the year in commercial property investment. Deal volumes were up 40 per cent to £420 million on the same period in 2019. 

Although preliminary data for April suggests that the market came to a complete standstill at the start of Q2, a number of assets are currently under offer. If the lockdown is starting to be eased during the summer months, then we should see a return to stronger activity in the second half of the year, as there remains a large amount of capital ready to be deployed.

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Scotland Property Snapshot May 2020

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Related Experts
Douglas McPhail | Colliers International | Glasgow

Douglas McPhail

Head of Scotland

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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.

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Patrick Ford | Colliers International | Glasgow

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I am an experienced Director working closely with my capital market colleagues throughout Colliers UK. I have a proven track record of deal delivery which includes some of Scotlands mosthigh profile commercial property transactions.

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Oliver Kolodseike | Colliers International | London - West End

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Oliver is an Associate Director in the Research and Forecasting department  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 recently launched 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.

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