Take-up of industrial space in Aberdeen in the first half of the year was up 54% on the same period last year, according to new data from Knight Frank.
In H1 2025, 59 deals totalling 440,003 sq ft completed, with take-up in the second quarter hitting 221,445 sq ft compared with 218,558 sq ft in Q1.
As a result, the Granite City is on track to beat last year’s total take-up of 768,000 sq ft and comfortably exceed the 10-year average of 690,000 sq ft.
David Gavan, surveyor at Knight Frank Aberdeen, said: “While there continues to be uncertainty around government signalling and energy legislation in the north east, the numbers highlight that opportunities remain for private investors in the current market. Occupiers are being drawn into modern, high-quality buildings, often leaving behind dated facilities that no longer meet their needs. The resilience in industrial commercial property take-up reinforces Aberdeen’s role as a hub for both traditional and transition energy industries.
“The majority of deal activity in Aberdeen is still being driven by traditional energy occupiers, emphasising how future legislative decisions will shape not only the energy sector, but also the many industries across the region which are intrinsically linked to the North Sea.”
