A new chapter for our Scotland office
Scotland is an exciting market for commercial real estate, attracting major investment from home and abroad. Recent high transaction volumes across the country, and high value deals in Glasgow specifically, highlight the potential of the region. Meanwhile long term development projects across Scotland’s key cities show the scope for investment to drive better prospects for those who live and work there.
TFT first established its presence in the Scotland market four years ago, and has since been guiding the success of these major projects and deals using our combination of local market understanding and industry-leading technical expertise.
Neil Wotherspoon, Partner and Head of Scotland, started our Scottish practice solo and has since grown a seven-strong team, 220% uplift in turnover and, most importantly, an expanding remit to take prominent roles on some of Scotland’s most significant projects.
- Edinburgh St James: Project monitoring Edinburgh’s largest development on behalf of Nuveen
- Crewe Toll Research Park: Technical Due Diligence (TDD) survey for the £100m sale of a leading aerospace research site, on behalf of Knight Frank Investment Management (KFIM)
- HMRC regional hubs: Project monitoring over £210m worth of developments in Edinburgh and Glasgow on behalf of Legal & General, part of its record-breaking investment to regional government hub buildings
The changing regional market outlook and a wide ranging client needs have also meant our services have evolved over time. In particular we have offered increasing:
- Dilapidations advice led by Jon Rowling, Technical Partner and author of the go-to guide for the field, TFT’s Purple Book.
- Project consultancy, as provided on Aviva’s recent refurbishment of 123 St Vincent Street, Glasgow.
- Principal designer instructions, recently carried out for RailPen’s upgrade and refurbishment of Gretna Gateway Outlet Village.
- Daylight & Sunlight advice, which is on the rise as major cities in the region grow more dense and new developments impact their neighbours more significantly.
With current growth and further diversification predicted, we have relocated our Scotland practice to a new home. We’re looking forward to growing the team further in a new and wellbeing-oriented base.
Exchange Place 3
3 Semple Street