The Aberdeen oil boom after discovery of the giant Forties field nearly tempted one of the former top bosses at BP to leave the company for property development.
Global Engineering and Construction (E&C) has “reshuffled” its north-east facilities footprint in an effort to “stabilise” the company amid the Covid-19 and low oil price crisis.
Bosses at commercial property consultancy FG Burnett have toasted a successful year, with the firm at the heart of a third of all office deals in Aberdeen during 2019.
House sales are increasing in many parts of the north-east but a property glut has hit prices.
Property experts have said that the north-east has “weathered the worst” of the housing market downturn.
The cost of buying a home in Aberdeen has risen for the first time since 2017 as thousands of jobs return to the North Sea oil and gas sector, according to a new report.
Scottish commercial property firm JJKS Estates aims to lure more oil and gas industry companies to Angus, helping to create new investment and career opportunities in the area.
The industrial market in and around Aberdeen continues to show healthy signs of recovery, with the highest number of deals in a decade taking place during 2018, CBRE said yesterday.
Rising house prices in the rest of the UK have left Aberdeen at the bottom of a league table compiled by a leading property website.
The Scottish property market finished 2018 with a flourish to achieve a whole-year total of more than £18 billion in sales, new figures show.
The tough economic conditions which have engulfed Aberdeen for the last four years may be coming to an end, according to new figures indicating tentative signs of a recovery in the local property market.
Aberdeen property experts have encouraged any would-be buyers to “strike now” in claiming the city’s housing market is the most lucrative it has been for 25 years.
Another new office building in Aberdeen is the latest sign that economic conditions in the Granite City are picking up.
Falling house values and sales have wiped £85 million off the north-east property market over the first half of this year– but property experts believe the region could avoid the national trend and improve in the next quarter.
Scottish property prices are growing at their fastest rate in three years – but continue to fall in Aberdeen despite the improving local economy.
North-east firms have lost their battle to get business rates cut after judges at the highest court in Scotland ruled the oil downturn had not affected the value of commercial properties.
The Aberdeen headquarters of energy service giant Wood are up for sale at offers in excess of £81.2million.
Property giant Savills has identified three key drivers for growth in Aberdeen’s office market this year.
Subsea technology firm EC-OG has signed up for an extra 1,200sq ft in the recently refurbished Davidson House on Campus One at Aberdeen Innovation Park.
About two acres of industrial land in Aberdeenshire are up for grabs at a knock-down price of £1million in what could turn out to be one of the best bargains on offer in a subdued commercial property market.
Office space take-up in Aberdeen raced ahead by 85% to 405,000sq ft during 2017 as oil prices started to recover.
Aberdeen’s property market has suffered severe trauma in terms of falling demand and values following the oil price collapse.
Hurricane Energy's announcement of what it hailed as the largest undeveloped oil find in UK waters has lifted spirits in the commercial property market in Aberdeen.
A new Aberdeen office market report shows the strongest quarterly take-up in and around the Granite City since 2013.
An Aberdeen property professional has called the bottom of the market after demand for offices in the Granite city grew strongly in the second half of 2016.