Forward this email to a friend View this email as a webpage
To keep receiving this email please add us to your safe / white list Select your email delivery preference
EGi Deals
Client Support: 0845 3015544     Sales: 0845 3088811
Banner

EGi Deals and UK Cities Newsletter - Edinburgh

Deals Update

Congratulations to Jones Lang LaSalle, who achieved the first place in the EGi Edinburgh office disposal league table for 2008. This table was published in the Estates Gazette on 14th March and was based on the amount of office sq ft let and sold in Edinburgh in the past year. Within this newsletter you can find 2006 to 2008 office disposal league table charts for Edinburgh. These examine leases and occupational sales by Sq ft.

Congratulations also to winners of the EGi Edinburgh deals competition; Ryden scooped the Most Active overall Agent whilst Jones Lang LaSalle was crowned the Most Active UK Agent. This competition counted the number of all commercial property deals in the past year and was based on EGi Research. Rankings by sector in the Edinburgh market can be seen below.

For in-depth Edinburgh City Centre building information please search on EGi UK Cities Service.

Submitting deals to EGi and Estates Gazette is FREE and simple – click here for an Excel form.

Alternatively call 020 7911 1715 to find out more.

 

 


Deals Winners Edinburgh: Jones Lang LaSalle and Ryden.

Top 5 Agents by number of deals completed in Edinburgh - Jan 08 to Dec 08
 
OFFICE
  1. Jones Lang LaSalle
  2. Ryden
  3. DTZ
  4. Montagu Evans
  5. King Sturge

INDUSTRIAL
  1. Ryden
  2. King Sturge
  3. Colliers CRE
  4. Drivers Jonas/Lambert Smith Hampton
  5. Cushman & Wakefield/Jones Lang LaSalle


RETAIL/LEISURE
  1. Culverwell
  2. Cushman & Wakefield
  3. Jones Lang LaSalle
  4. Ryden
  5. Eric Young & Co
 
Edinburgh Office Agency League Table Chart by Sq Ft 2006 – 2008*
 

* Office occupational sales and lettings only. The table refers to agents acting for the lessor or the vendor. Joint agency deals are related to both agents. Central Edinburgh is defined as the postcode areas of EH1, EH2, EH3, EH4, EH6, EH7, EH8, EH11 and EH12. The table refers to agents acting for the lessor or the vendor. Joint agency deals are related to both agents.

 
Key Office take-up in Edinburgh - January 08 to December 08
 
Address Size (sq ft) Lessor's Agent Lessee Lessee's Agent

Interpoint, Haymarket Yards

48,345 Jones Lang LaSalle/Ryden Tesco Personal Finance Group DTZ

Quartermile Two, Simpson Loan

36,387 CB Richard Ellis/Montagu Evans Morton Fraser Cushman & Wakefield

1-4 Glenfinlas Street

19,246 Jones Lang LaSalle/Montagu Evans Murray Beith Murray N/A

Quay 2, Fountainbridge

14,200 GVA Grimley/Jones Lang LaSalle Pinsent Masons DTZ

OneSixty Dundee Street

12,519 CB Richard Ellis/Cushman & Wakefield Jacobs Babtie Vail Williams LLP
 
Key Planning Applications/Permissions - January 08 to December 08
 
Address Size Proposal Status Submitted/Granted

St James Centre, Leith Street

Retail: 850,000 sq ft, Office: 160,000 sq ft, Residential: 250 units, Hotel: 200 Rooms

New Build Outline Application Submitted 19/09/2008

SoCo, South Bridge

Hotel: 200 Rooms New Build Application Submitted 26/09/2008

121-123 Princes Street

Hotel: 103 Rooms, Retail: 27,000 sq ft

New Build Application Submitted 05/09/2008

23 Melville Street

Office: 3,334 sq ft Refurbishment Permission

Submitted 25/09/2008

Granted 21/11/2008

Caltongate, Calton Road Office: 193,752 sq ft, Retail: 64,584 sq ft, Residential: 200 Units, Hotel: 200 Rooms New Build Permission

Submitted 18/10/2007

Granted 30/10/2008

22-38 Chalmers Street

Residential – Student Accommodation: 81 Units New Build Permission

Submitted 06/07/2007

Granted 05/06/2008

 
Construction Pipeline - January 08 to December 08
 
Under Construction
Scheme Size Proposal Completion Agents

Springside

Office:135,000 sq ft, Residential: 600 Units, Residential – Student: 314 Units

New Build 2012 King Sturge/ Ryden

Exchange Place, Fountainbridge

Office: 199,683 sq ft New Build 2009 Cushman & Wakefield/ Jones Lang LaSalle

Westport 102

Office: 94,000 sq ft New Build 2009

Jones Lang LaSalle/ Ryden

The Cube Office: 66,000 sq ft New Build 2009 Cushman & Wakefield/ Jones Lang LaSalle
Quartermile Two, Simpson Loan Office: 52,500 sq ft New Build 2009 CB Richard Ellis/ Montagu Evans
Hotel Missoni, George IV Bridge Hotel: 136 Rooms New Build 2009 N/A
Completions
Scheme Size Proposal Completion Agents

The Stamp Office, Waterloo Place

Office: 55,00 sq ft Refurbishment 2008 Eric Young & Co/ Jones Lang LaSalle

Hotel Du Vin, Forrest Road, Bristo Place

Hotel: 47 Rooms New Build 2008 N/A
 

Key Investment Sales by price in Edinburgh January 08 to December 08

 
Address Type Price Vendor's agent Purchaser

Westport 102, Westport

Office £45m Ryden Private

St Andrew Square, 3-8 St Andrew Square

Office & Retail £21.25m Culverwell/DTZ Stockland Halladale

121-123 Princes Street

Retail £11.8m CB Richard Ellis Deramore Property Group

Scotia Bank House, 4-6 South Charlotte Street

Office & Leisure £6.5m DTZ Thistle Property Holdings

88-90 Princes Street

Retail £3.95m Reith Lambert LaSalle Investment Management

For further information about this newsletter or EGi Deals & EGi UK Cities Database please contact Rachel Wright on
0161 246 1053

An EG Group Service

EGi offers a wealth of news, information and research designed to help you work more effectively. Whether or not you currently subscribe to EGi, we want you to be able to make a judgement of the value EGi can add to your business and show you how to make the most of your subscription.

To register to receive Deals newsletters and other free EG and EGi enewsletters please click here

This email has been sent to you because you either subscribe, advertise or use an Estates Gazette Group product. If you do not wish to receive further Deals Newsletters please click here.

This email has been sent to #emailaddr#

Registered office: Quadrant House, The Quadrant, Sutton, Surrey SM2 5AS. Registration No: 151537