Retailing in Scotland's largest towns and cities
Date published: Date modified: 2023-08-16

The latest report by the Institute for Retail Studies - University of Stirling and LDC looks at the latest retail health and trends across Scotland's towns and cities. The report is presented in three sections focusing in turn on retail premises, retail vacancy and retail structure (and associated leisure sector).

The main takeaways were:

• Town and city centre vacancy levels in Scotland have increased by 0.2% (to 11.9%) - the first increase in five years. Some of this may be attributable to updated data boundaries for some towns.

• Leisure continues to grow in Scotland, accounting for 26.7% of the total retail/leisure premises, an increase from 26.4% on last year.

• The 2017 BMG index highlights that since 2013, all three areas have reduced in the town BMG index dropping from 4.9% in 2016 to 3.8% in 2017; whilst the city index dropped from 3.0% to 1.9% over the same period.

We've produced an infographic which explores some of the key findings from our recent Scottish report here:
(You can also download the summary report by clicking here)

Scottish Infographic Nov 17-08.png

Originally published on the LDC blog in 2017.


Noelle Ghanem
Author

Noelle Ghanem The Local Data Company 901 901

Subscribe to our newsletter

For the latest insights, data and product news from across the Local Data Company group

Green Street, the parent company of LDC, is the preeminent and independent provider of actionable commercial real estate intelligence, covering the U.S. and Europe across nearly 20 property sectors including retail. Our comprehensive solutions include Research, Data & Analytics, News, and Advisory services.

Green Street UK is authorized and regulated by the Financial Conduct Authority (FRN 482269). Our global organization maintains information barriers to ensure the independence of and distinction between our non-regulated and regulated businesses. Local Data Company is not a regulated Green Street business unit.

Copyright © 2024 The Local Data Company, 25 Maddox Street, London, W1S 2QN

Registered as a company in England & Wales 04821785 | VAT Registered No. 820601475