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Investing in Scotland: only for the bravehearted?

The country may have fallen out of favour with some investors, but are they missing out?

Edinburgh Castle, Edinburgh, Scotland (Getty Images)
Edinburgh Castle, Edinburgh, Scotland (Getty Images)

Scotland has been off-limits for more than a few London-based investors for much of the past decade. Reasons often cited include risks associated with the country becoming independent, the make-up and performance of its occupier markets and concerns over the depth of investor demand and therefore the ability to exit holdings. While these are legitimate worries, they are not necessarily borne out in current data. Here are a few points worth considering:

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