Category: Glasgow Property News

Market Cools as Citylets Report Hits 40

Hard to believe perhaps but it’s now 10 years since Citylets published its first quarterly report ‘Trends In Residential Lettings’. It has been very satisfying to see it evolve over the years to arrive at its current format. And of course for it to be accepted by the Lettings Industry as the de facto source …

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‘Ello ‘Ello ‘Ello! Moda Living to Transform Strathclyde Police HQ

Moda Living has purchased the former Strathclyde Police Headquarters at Pitt Street and will build hundreds of rental apartments. Moda Living already have several large Build To Rent developments in England and this purchase will be their first in Scotland. Not only is it a clear indication of confidence in the Scottish rental market, it …

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Central Belt Drives Scottish PRS Engine

Strong growth in Edinburgh and Glasgow continues to propel average Scottish rents upwards with chronic imbalance between supply and demand setting in within the central belt. The latest Citylets Quarterly Report to Q3 2016 shows average rents in Edinburgh have broken the £1000 per month mark for the first time and growth in Glasgow has …

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Glasgow Rental Market up 20% in 5 years

The Glasgow rental market has been rising steadily over the last 10 quarters with average rents now standing at £719 per month as at Q2 2016, up 5.0% from a year ago. Positive annual growth has been recorded in Scotland’s largest city quarterly since Q4 2013 as rents continue to track the national average at …

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More Mid Market Homes Planned for Glasgow

Link Group has submitted plans for a £65m investment in Glasgow’s East End which, if approved, will see 550 homes across different tenures including mid market homes. The proposed development is to be built on a 22-acre site of the former Dalmarnock Power Station which was laid empty and derelict for 40 years. Link Group …

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Mid Market Rent Homes To Be Built in Ibrox

Plans to build 152 homes in the Ibrox area of Glasgow have been approved by Glasgow City Council’s planning committee. Glasgow Housing Association (GHA), whose former tenements on the site were demolished and laid empty for the last decade, has now been given the green light to build a new development that will consist of …

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