Commercial rent disputes at decade-long low in Scotland

The number of disputes between commercial property occupiers and landlords in Scotland being referred to third-party resolution is on track to be the lowest in a decade. There were 22 applications for third-party arbitration between the start of 2022 and the end of May, according to analysis from Knight Frank. This points to there being fewer than 55 by the end of the year. By comparison, there were 64 applications for third-party determination in 2021 and 2020 saw 69. The figures mark a substantial drop from the number of cases pre-pandemic. Knight Frank Scotland said: “A mixture of factors have been at play, but the two most prominent are that many people are still to fully return to workplaces and demand in the property market has remained resilient while supply continues to be constrained."

The Scotsman