COMMERCIAL property and shopping mall investor Land Securities has seen a lower-than-average level of voids in its Scottish portfolio.
The company also said it had seen high retention levels and a steady flow of lettings across the Bon Accord and St Nicolas shopping centres in Aberdeen, Dundee's Overgate, The Centre at Livingston and Glasgow's Buchanan Galleries.
New retailers signing up in Scotland include make-up company Bare Minerals, shoe shop Hotter and stationery firm Drewdle.
The £70 million development at 185 to 221 Buchanan Street, which is due to complete in March, remains 92% let to high street names including Fat Face, Skechers, Watches of Switzerland, Office, Forever21, Paperchase and Gap.
The 49 flats being built are also said to be attracting good levels of interest.
Katherine Armstead, senior portfolio manager for Land Securities in Scotland, said: "Land Securities' property portfolio in Scotland remains resilient despite challenging market conditions across the sector."
Across the UK, void levels increased from 3% to 3.2% in the three months to the end of June although the retail portfolio was steady at 3.6%.
The percentage of units in administration declined from 1.2% to 1.1% with retail dropping from 2.2% to 2%. During the quarter, £7m of investment lettings were completed with a further £4.3m in the hands of solicitors.
Land Securities chief executive Robert Noel said: "We are pleased with progress and continue to see interest from occupiers, despite ongoing uncertain economic news flow."
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