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Glasgow is the UK s largest retail centre outside of London and its music, food, sports and education offerings confirm the city s reputation as a highly desirable international destination.

Despite growing demand, housing supply is intermittent in the city. One of the largest drivers of rental demand in the city centre is Glasgow s 80,000-strong student population. Some 46% of the student population elects to remain in the city upon graduation, giving rise to a notable, highly skilled work force.

House prices have risen 10% over the past three years. As Glasgow continues to develop into a cultural and business hub, demand by renters has pushed rental prices up by an average of 4.6% per annum over the past five years.

WHY INVEST IN GLASGOW

AT A GLANCE

Expected city centre sales price growth per annum over the next five years

2.6%

Annual Rental Price Growth forecast

2019-2023

3%

Projected Employment growth per annum over the

next five years

0.8%

Glasgow has experienced economic growth and development in recent years, bolstered by the city s growing and young population, and business development in high-tech and service sectors. In 2017, the city s 856,000-strong workforce, accounting for 34% of all jobs in Scotland, helped Glasgow generate a GVA of GBP41.1 billion.

GLASGOW