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Spotlight on Glasgow Offices: Rays of Sunshine Amid the Gloom

High Vacancy Rate Masks Pockets of Resilience in Scotland’s Biggest Office Market
George Square is the principal civic square in the city of Glasgow, Scotland. (Jason Hunter/CoStar)
George Square is the principal civic square in the city of Glasgow, Scotland. (Jason Hunter/CoStar)
CoStar Analytics
February 19, 2024 | 12:06 P.M.

While softness is clearly visible in some parts of Glasgow’s office market, headline occupancy metrics such as its double-digit vacancy rate mask pockets of resilience in Scotland's biggest city.

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