1st September 2010 back to news

Graham + Sibbald topping the chart

Graham + Sibbald, One of Scotland’s largest firms of Chartered Surveyors, has been awarded a Top 5 finish in Costar's Industrial Agency League Table.

With its organisational structure following the appointment of Ian Gillies as Senior Partner earlier in April, Graham + Sibbald has performed well over the past year. Graham + Sibbald achieved the second place by Instructions for 2009/2010 and a third place by number of Disposals for 2009/2010.

The experience of the past two years shows how unpredictable the market is at the current juncture and that one should always be prepared for the UK property market to surprise. Graham + Sibbald is hopeful that property prices remain stable towards the end year and the ever increasing talk of the infamous “double-dip” will dissipate.

That said, the number of deals made is very encouraging. For example acting on behalf of Ernst & Young LLP, the recent disposal of the multi let industrial investment, Fallside Industrial Estate, in Bothwell to Blue Water LLP is a deal worth around £2million. Scott Darroch, Head of Commercial Agency Glasgow said: “This sale further bolsters that there remains an unsatisfied appetite for the right product despite the tightening of funding. The interest expressed in the property post April indicates that the investment market is strengthening and that commercial property continues to be a viable investment.”

Les McAndrew, Commercial Partner in Graham + Sibbald’s Edinburgh office, is delighted with the Co-star results, saying: “The focus now is to ensure that Graham + Sibbald remains at the cutting edge of its profession. Having representation not only in Scotland’s cities but in the larger towns too, provides our firm with local knowledge second to none, which in many locations puts us ahead of city based national surveying firms.”

Photo: Les McAndrew, BLE MRICS, Partner