Average rent in Scotland up 1.7% and yields among the highest in the UK

Your Move | May 24, 2019

Average rent in Scotland up 1.7% and yields among the highest in the UK
The average rent in Scotland increased by 1.7% in the 12 months to April 2019 to £581 per calendar month, led by growth of 3.6% in the Highlands and Islands, the latest index report shows. Overall rents rose in three of the five regions surveyed by the Your Move rental tracker index With Highlands and Islands up to £688. But despite that growth, the area was unable to take the title of most expensive place to rent in Scotland. The most expensive rents are in Edinburgh and the Lothians region, up 3.1% to an average of £693 per calendar month. The other area which posted an annual price rise was the East of Scotland, up 2.1% to £542.

Spotlight

As businesses continue to outsource their IT platforms, collocate and adopt cloud services, more are turning to third-party data center providers for their data center solutions. Because of this widespread shift, available space is tightening and pricing is firming up in many geographic markets.

Spotlight

As businesses continue to outsource their IT platforms, collocate and adopt cloud services, more are turning to third-party data center providers for their data center solutions. Because of this widespread shift, available space is tightening and pricing is firming up in many geographic markets.

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