Highest ever investment in Scottish land market seen in 2020

Highest ever investment in Scottish land market seen in 2020
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The 1,562-acre Craig Castle Estate © Strutt & Parker
Increased interest in environmental investment and demand from residential and lifestyle buyers resulted in a record total of £112m paid for Scottish estates during 2020.
Despite Covid-19 lockdowns and travel restrictions, the market remained resilient, according to Strutt & Parker.
Robert McCulloch, head of estates agency in Scotland, said: “During the course of 2020, of the 36 estates offered for sale, 24 were sold or under offer at the year end. Several more sales have been agreed during the first three months of this year.
“We are seeing increased competition for estates due to a rise in green investors, whose interest comes from the potential for afforestation, carbon capture and rewilding, rather than traditional field sports.

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