Ryden maintains market share lead
Published by Anne Marie Hughes on Sat 09 Jun 12 @ 22:15
Ryden has retained its majority share of Scotland's commercial property market after handling around a quarter (23%) of all the deals done across the country during 2011.
With 437 deals under its belt, the firm has been identified as the most active commercial agent in the country for the eleventh time following independent deals research by Estates Gazette Interactive.
The property consultant was involved in 33% of Scotland's offices deals last year and 36% of the country's industrial deals.
Regionally, Ryden's dominance in the booming Aberdeen economy is clear: the firm transacted 45% of all property deals done in the Granite City last year. The firm's share of the offices market was over half - at 59% - and its industrial market share was 49%.
Ryden was behind a quarter of all the deals done in Edinburgh. This represents 57% of all the industrial deals done in the Capital and 23% of the office deals, including lettings at Tanfield to FNZ and Aveloq.
The firm handled 22% of all deals in Glasgow. In terms of sector performance, the split is 23% of the industrial deals and 34% of the city's offices deals.
2012 got off to a strong start, with Ryden behind the £50.1m sale of iQ in Aberdeen to Aerium after securing full occupancy last year with Centrica and Wood Group, and setting a record rent in Scotland of £31 per sq ft.
Managing partner Fiona Morton said "We are working very hard to maintain and grown our market share in the current climate. These stats are compiled independently and reflect the strong results we are achieving for clients.'