The Scotsman

Glasgow drive: Overseas investors flock

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Overseas investors ploughed £300m into Glasgow’s office market in 2017, significan­tly outstrippi­ng domestic buyers during the city’s busiest 12 months for office investment since the financial crash, according to property consultanc­y JLL. A total of £461m was spent across 23 office deals in 2017. Ten of Glasgow’s deals last year involved internatio­nal buyers, accounting for 65 per cent of 2017’s total volume “showing the prominence of global currency in the largest sales”, JLL added.

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