Dramatic increase in Glasgow deals

A dramatic increase in deal numbers pushed Glasgow office take-up over the 1m sq ft mark in the year to the end of September. Take-up jumped by 30%, with deal numbers up by nearly a fifth, according to EGi’s regional office research. Ryden returned to the top spot, disposing of close to 50% more space this year and seeing average deal sizes rise by nearly a third. It acted on 81 deals totalling 342,000 sq ft, more than 100,000 sq ft ahead of the total transacted by last year’s winner, JLL. The largest deal was ACCA taking 55,750 sq ft at 110 Queen Street, helping Phil Reid Associates finish seventh. Going up Knight Frank and Phil Reid Associates, rose from ninth and 10th place respectively to fifth and seventh. This was achieved by Knight Frank increasing take-up by more than 300% and Phil Reid Associates by more than 200%. Going down In a rising market just a few agents saw small drops. JLL fell from first to second, CBRE from fifth to sixth and Lambert Smith Hampton from seventh to eighth.