Investment in Scottish commercial real estate is 12.6% higher than the five-year average

SCOTLAND: A 12.6% increase above the five-year average, £2.39 billion in commercial real estate transactions were recorded in Scotland in 2022. (Reported by news source)

According to Savills' analysis, which takes into account all commercial property sectors, 2022 will be a year of two halves, with 81%, or £1.93 billion, of all investment activity in Scotland finishing up before the end of June.

Edinburgh and Glasgow both kept track of 11 office sales in total throughout the course of the year.

As investors mainly withdrew from the market, the impacts of the Ukrainian conflict, along with the economic shocks from the rapid increases in both the inflation rate and the cost of debt, had a severe negative influence on performance in the second half of 2022.

Investors will nonetheless be eager to use a sizable amount of capital throughout the course of the year because maintaining significant cash balances indefinitely is not a wise move in current inflationary environment.