Light industrial finance in the Scotland

Scotland is a country within the United Kingdom with more than 790 surrounding islands, a population of around 5.4 million and nearly a third of the UK's land area. We arrange the full range of light industrial finance across the Scotland, from the commercial mortgages that buy and hold a unit or an estate to the bridging, development, mezzanine and equity behind a refurbishment, a trade park scheme or a yard. Industrial market data is published nationally and regionally by Gerald Eve (Newmark), MSCI and Savills, so the figures above are presented as clearly-labelled benchmarks, with the regional figures attributed to their sources, while the planning and housing-transaction data is genuinely local for the towns we track.

Edinburgh prime multi-let rents stepped up to £15.00 per sq ft in Q2 2024 when Capital Park completed, setting a new Scottish benchmark, while Glasgow stands at £12.00 on a national all-grades average of £7.53 (Gerald Eve, Q3 2024). Gerald Eve forecasts Scottish prime rental growth of 6.1 percent a year over 2023 to 2028, among the strongest in the UK, because the development pipeline is just 230,000 sq ft with nothing under construction at end-2024 and trade counters occupy 30.1 percent of space, the highest share anywhere. The 6.00 percent prime equivalent yield offers roughly 75 basis points over comparable English regional stock. Newmark's Winter Bulletin 2025 flagged Scotland among the regions where occupier activity strengthened through 2025. We fund central-belt estates and Aberdeen energy-supply-chain assets, and we structure around Scottish title and lease idiosyncrasies as a matter of course.

Nationally, forecast multi-let rental growth runs at 4.6% (Gerald Eve (Newmark), Multi-Let Winter bulletin 2024, 2024 to 2028 forecast), against an expected peak void rate of 9.8% (Gerald Eve (Newmark), Multi-Let Winter bulletin 2024, 2024 expected peak) and MSCI industrial vacancy of 9.4% (MSCI UK Quarterly Property Index, Q4 2025 results, Dec 2025). That tight supply picture for small units is the backdrop to every regional appraisal we run.

Benchmark figures from Gerald Eve (Newmark), Multi-Let Winter bulletin 2024; MSCI UK Quarterly Property Index, Q4 2025 results. Regional commentary draws on Gerald Eve (a Newmark company) (Multi-Let, Winter bulletin, 2024); Newmark (Multi-Let, Winter Bulletin, 2025).