Build To Rent (BTR) Market Snapshot – Q1 2023, Glasgow
Cortland Consult’s 12-month research initiative with the UKAA aims to provide property professionals with the latest data and insight to make informed decisions and ultimately maximise the value of your investments.
Scotland’s largest city, and the fourth largest urban area in the UK, Glasgow is a metropolis home to nearly 1.7 million people. Glasgow’s robust economy is spearheading the UK’s post-COVID recovery, with the third-highest GDP per capita in the UK-after London and Edinburgh. Glasgow has seen average advertised rental growth of 13% in the last year, compared to 11% across the whole of Scotland. This is unsurprising as in Glasgow, like other UK regional cities, demand is far exceeding supply.