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Known to Scotsmen as the City of Granite, Aberdeen seems to be outdoing rival cities Edinburgh and Glasgow. The latter may get many more visitors to its streets and bars very year but in the office rental market Aberdeen is holding its own.

It has managed to retain most of the companies that have chosen to base themselves in the city and rental incomes are staying at a reasonable level. The modern tower blocks built to house the booming electronics industry are still occupied and these renters are staying loyal to this vibrant region. Also in demand is desk space rental, this new sector is an attractive option for freelancers and small businesses not wanting to enter into lengthy contracts or requiring full office facilities. A dedicated website for desk space availability would be the place to look.

With a population of around 200,000 Aberdeen has a busy fishing economy and oil, although currently low in value, still has a lot to contribute to the city. Instead of declining uptake on office square footage is expected to increase slightly from the previous year.

Apparently the global economic downturn has passed Aberdeen by in this market anyway, unemployment is rising and other problems do prevail. It is hard to determine the reason for the static market in the rest of Scotland perhaps fortune does favour the brave, or maybe Aberdeen is just lucky. The right type of industry arriving at the right time.

Politicians are making the most of the positive statistics showing rentals increasing by over 20%; good new is something to hang on to. If Aberdeen has the secret to retaining its new investors it won’t be sharing that information anytime soon. Let’s hope that this historic city can keep one step ahead in this vital sector.