Glasgow revealed as one of Europe’s greenest cities for real estate

Glasgow has been named among Europe’s top green cities for real estate, featuring alongside Paris, London, Dublin and Berlin, according to Knight Frank in its annual Active Capital report.

John Rae, head of Knight Frank Glasgow, said, “Glasgow has long been a forward-looking city and, as the origins of its name suggest, its green spaces have been a large part of its attraction as a place to live and work. It is fitting that Glasgow is recognized as a leader in sustainability as it prepares to host the COP26 climate change conference next month. Property investors and occupiers are increasingly aware of the environmental impact of real estate, and that is driving the demand for green buildings. We have had more conversations with investors in the last 18 months about the sustainability and ESG — environmental, social and governance — qualities of properties in Scotland than ever before.”

Active Capital predicted a resurgence of investment flows into real estat