The Scotsman

Estate agent predicting strong year for housing

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0 Rettie’s new homes unit, led by Nick Watson, will be agents for The Playfair at Donaldson’s Estate agent Rettie & Co is forecastin­g another relatively strong year in Scotland’s housing market, with its 23-strong developmen­t services division experienci­ng a buoyant residentia­l property sector north of the Border this year.

It said regarding its new homes unit, led by director Nick Watson, total sales in the last 12 months have exceeded £100 million in east central Scotland, with more than 190 properties sold. The team has sold out 20 developmen­ts over the year and was appoint- ed agents for City & Country’s recently opened The Playfair at Donaldson’s residentia­l developmen­t, for example.

Its research appointmen­ts include the Scottish Property Federation and Glasgow City Council, and it has been advising on most of the 4,000-plus units in Scotland’s build-torent pipeline

John Boyle, Rettie & Co’s director of research and strategy, called for new types of innovative options to be progressed to address continued “chronic” housing shortages.

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