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Fife commercial property market benefiting from Aberdeen pressures

The saturation of the oil and gas dominated commercial property market in Aberdeen is creating significant new lettings demand in Fife.

Neil McAllister of property consultants Ryden said companies looking to establish a presence in the North Sea gateway city were being forced to look further afield by high prices and a lack of available space.

 

Mr McAllister and joint letting agent Andrew Reilly recently signed new tenants at the Buko Business Centre in Glenrothes.

Industrial services firm Kaefer C&D have taken over two units at the park — a total of more than 30,000ft2 of accommodation — where they are assembling accommodation pods for a North Sea oil platform.

MH Engineering, a small local engineering company, has also recently relocated to Buko and said the move had boosted trade.

Read the full article in the Courier

 

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