The Scottish Property Awards are delighted to reveal the finalists for the 2026 PMP Deal of the Year Award, one of the most highly anticipated accolades in the Scottish property calendar.
This prestigious award recognises outstanding property transactions that demonstrate excellence in collaboration, innovation, commercial success and impact on Scotland’s built environment. The 2026 shortlist showcases an exceptional range of landmark deals across Scotland.
Stewart Rutherford, Managing Director of PMP, commented;
“Congratulations to all those shortlisted for Deal of the Year. This award recognises the outstanding work involved in delivering major transactions that shape our built environment. These standout deals highlight both the scale of activity underway and the continued strength of investment across Scotland. The real estate sector continues to go from strength to strength, showcasing Scotland as an increasingly attractive destination for investment. We wish all nominees the very best of luck on the night and look forward to celebrating the achievements of our industry in a few weeks’ time.”
The winner will be announced at the Scottish Property Awards Dinner on Thursday 26 February 2026, where the industry will come together to celebrate the very best in Scottish property.
The line-up which represents deals across Scotland, are as follows:
Martha Street Apartments, Love Loan, Glasgow - Chris Stewart Group, Knight Frank, Shoosmiths
£58.5m sale of a landmark 20 storey tower and PBSA scheme, part of the Love Loan Regeneration by Chris Stewart Group to US investor, Harbert Management Corporation. The 275 bed community includes gym and co-working spaces opened in 2025 and is operated by Abode Student Living.
Port Hamilton, Edinburgh - Drum Property, Hamilton PropCo, Knight Frank, CBRE, HSBC Asset Management, Brodies, Morton Fraser MacRoberts, Pinsent Mason, Lloyds Banking Group, CBRE
This innovative deal structure includes a £200m redevelopment, regear and pre-let of this prime 282,000 sq ft building to deliver a new base for Lloyds Banking Group. Drum Property will lead the regeneration of the site, home to Scottish Widows for 30 years, and will create a new sustainable landmark building.
Addleshaw Goddard Pre-let, 24 St Andrews Square - Cushman & Wakefield, Savills, Ardstone Capital, JLL, Addleshaw Goddard
A pre-let of 29,237 sq ft over levels one to four, including a roof terrace with views across the square. The address has been redeveloped by Ardstone Capital Limited on behalf of CBRE Investment Management and the Ardstone Regional Office Fund to create 48,200 sq ft office space.
The Johnnie Walker Building, 145 Princes Street, Edinburgh - Abrdn, Lismore, Parabola, JLL
Abrdn acquired this landmark building for more than the £31.5m asking price securing ownership of Diageo’s Global Home Retail Brand. This experiential retail concept, home of its Johnnie Walker Experience, covers 74,895 sq ft and is let to Diageo Scotland until 2044.
The W Hotel, Edinburgh - Nuveen, Savills, Schroders Investment Capital
Sale of this iconic five star hotel by Nuveen Real Estate for an undisclosed sum to Schroders Investment Capital. The hotel is part of the retail and leisure destination of St James Quarter with a current land value of over £1bn.
Tickets to the 2026 Scottish Property Awards are still available and can be purchased https://www.scottishpropertyawards.co.uk/spa/book-tickets
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