Scottish Commercial Property Instructions and Disposals July 2022
NovaLoca took a look at instruction and disposal activity across Scotland in July 2022. Overall more properties came on to the market (5.7%) than were disposed of (4.4%). Edinburgh is showing the highest demand with disposals at 5.9%, above the average for Scotland and new instructions below average (at 4.5%).
We analysed 5,155 listings across Scotland, those listed at the beginning of July but not at the beginning of August were counted as ‘disposals’. Those listed at the beginning of August but not at the beginning of July were counted as ‘new instructions’. Percentages are expressed as a proportion of the number listed at the beginning of July.
The following chart shows which regions have the highest number of available commercial property listings advertised on NovaLoca.
The areas used for this research are postcode areas and some have been grouped together. Aberdeen is taken as the AB postcode area, Dundee DD, Edinburgh EH, Falkirk FK, Glasgow G, Kilmarnock KA, Kirkaldy KY, Motherwell ML, Paisley PA, Perth PH. Inverness, Kirkwall, Outer Hebrides and Shetland cover postcode areas IV, KW, HS & ZE with finally Dumfries & Galloway and Galashiels DG & TD.