Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Dundee and Scotland.
Dundee stands out with above-average yields of 7.5%, making it one of the UK's most attractive commercial property markets for investors.
Direct relationships with executives and board members of the UK's leading lenders
Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out
Direct relationships with lender decision-makers for faster approvals and better terms
Proven success arranging complex commercial property finance across the UK
“V&A Dundee has transformed city profile. Gaming and life sciences sectors strong. Two universities drive student demand.”
— CMB Market Analysis
V&A Dundee; waterfront regeneration; Seabraes; city centre transformation
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £24 psf | £11 psf | £11 - £24 psf |
| Retail / Shop | £56 psf | £31 psf | £31 - £56 psf |
| Industrial | £8 psf | £7 psf | £7 - £8 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.
Investor appetite for Dundee commercial property remains strong, with healthcare & care assets attracting the most interest.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Refurbished office space, West End
Lock-up shop unit, Broughty Ferry
Industrial workshop with office, West End
26-bed residential care facility, Dundee Technopole
Former commercial premises with PP for conversion, Waterfront
Retail unit with 2 flats above, City Centre
10-unit converted residential building, Waterfront
Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.
Founder & Principal Broker
With a career spanning Lloyds Bank, Bank of Scotland, and a partnership in a corporate finance business, Matt brings institutional-grade expertise to every deal in Dundee. Currently a board advisor to a pension administrator and trustee with £3.9bn of assets under advisory, Matt has raised over £300m of capital for property professionals across the UK.
View Full ProfileDundee presents development opportunities linked to V&A Dundee. Growing demand from the Life Sciences sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Good appetite improving with regeneration. Student accommodation and creative workspace favoured.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Dundee and the wider Scotland region, from life sciences workspace to development and refurbishment projects.
Dundee is Scotland's fourth city undergoing major waterfront regeneration with strong university presence. The commercial property market benefits from strong demand across Life Sciences, Gaming, Higher Education sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 7.5% and 22.5% price growth over five years, Dundee offers compelling returns for commercial property investors. Excellent connectivity via Dundee Station supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including V&A Dundee, further enhances the investment outlook and signals sustained public and private sector confidence.
Distinct legal framework for property transactions requires specialist Scottish conveyancing expertise. Business rates policies differ from England, and some lenders apply Scottish property restrictions.
Dundee's commercial property landscape has been shaped by V&A Dundee. Growth in the Life Sciences sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in Dundee are managed by Scotland council, which has adopted a pro-growth stance supporting commercial and mixed-use development. Local plan policies favour brownfield regeneration and town centre investment, with a streamlined approach to permitted development rights for office-to-residential conversions.
Commercial property news for Dundee will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Scotland.
Commercial mortgage services available across Dundee and surrounding areas. View larger map
Office rents in Dundee range from approximately £11 per square foot for secondary space up to £24 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £18 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Dundee vary by property type and grade. Current indicative yields are: offices at 5.96%-7.33%, retail at 6.85%-8.46%, industrial at 5.03%-6.53%, residential single-let at 5.52%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Dundee's commercial property market includes offices, retail units, industrial premises, residential investment blocks, care homes. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.
Residential investment blocks in Dundee typically trade at around £219,760 per unit, or approximately £293 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 5.52%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
Care homes in Dundee typically trade at around £57,740 per registered bed. A typical 46-bed home would therefore be valued between £1.2m and £3.5m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.