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Hannah Parry
Hannah Parry
  • 1 Minute Read
  • 01st February 2012

Increase in demand for Scottish office space

Recent research has indicated an increase in demand for office space in Scotland, particularly within the major cities of Glasgow and Edinburgh, during 2011.

Clearly office space for rent in Glasgow and Edinburgh has become more of an attractive option for businesses over the last year, as demand for space in Edinburgh has risen by 19%, and by 14% in Glasgow. Furthermore, the research reveals that companies have been searching for an increase of just under two workstations more than they required in 2010.

This demand for larger office space has consequently resulted in a rise in the average price per workstation due to the increased presence of larger firms within the cities. Edinburgh has now acquired new status as the most expensive city outside of London to rent office space in, as the average price per workstation has climbed to £315 - up by 28% from 2010. Glasgow is not far behind, with an average price of £206 per workstation, showing a 21% increase since 2010.

Increased demand to rent office space in Scotland could be partly as a result of the high-speed rail link, The Flying Scotsman, which has been in existence since 1862 but was relaunched in May 2011. The service now provides access between Edinburgh and London in just over 4 hours, making it easier and less time-consuming for commuters travelling between the two capitals.

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