General market conditions in the Forth Valley area have been relatively strong over the past 12 months.
The Industrial market continues to perform extremely well, with demand still appearing to out-strip supply. Some new industrial developments are starting to appear, which will hopefully ease some of the recent supply issues, however, evidence would suggest that general demand will continue to be strong throughout 2025
Whilst the market for large retail premises is still very subdued, take-up of smaller properties, especially those with rateable values below the threshold for small business relief, has been good over the past 12 months. There does , of course, continue to be challenges for small retail businesses, however, it is encouraging that there is still enough confidence in the market for take-up of smaller properties.
The office market has generally remained steady over the past 12 months. There have been a couple of predominantly owner/occupier sales agreed in Stirling and Falkirk, as well as a significant letting of over 10,000sq.ft completed in Larbert.
Demand for good quality development sites in popular residential locations appears to be very strong at present. There seems to be a general lack of supply of development sites and, with the residential market continuing to perform strongly there is pent-up demand for sites in desirable locations when they do come to the market.
