Halls of Residence have come a very long way from their old reputations as noisy, crowded student accommodation with little privacy and frequent late night parties. Developers have recognised the need for creating state of the art communities with vibrant and fun living spaces where students not only can study but can live and socialise. …
Read more >The Scottish PRS continues to prove very robust to geopolitical change as it plots a predictable path in Q1 2017. Competing forces from the central belt and Aberdeen result in a (near) zero sum game at just 0.1% YOY national growth. Rents in Aberdeen have indeed fallen to national average, as suggested in our last report, …
Read more >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 …
Read more >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 …
Read more >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 …
Read more >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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