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Commercial investment team gets off to a flying start

Jamie Thain looks back over the first year of the new Galbraith commercial investment team.

It seems incredible that Will Sandwell and I are not only through our first year at Galbraith, but also now well into the second. Time flies when you’re having fun!

We have also been very busy. That is, busy getting to know the firm, securing investment deals and building a pipeline of future work through existing and new relationships.

Galbraith is certainly a diverse business and it has been very interesting getting to know what all of our colleagues do within the various strands of the business. From all aspects of rural property, residential agency, planning, energy, forestry, building surveying and of course our colleagues in the commercial agency, asset management, planning and property management teams. This has been made very easy due to the collegiate approach adopted by everyone in the firm.

From an investment perspective, over this period we have dealt with a wide range of projects, totalling more than £115m in transactional value, including industrial, retail and office acquisitions, a shopping centre sale and hotel development fundings, with 22 concluded transactions. We have been involved in transactions ranging from £500,000 to £50m – and each client can expect the same level of service and advice.

An aspect of the Galbraith business which has really stood out for us is the number of clients who use the firm’s expertise across many, and quite often very diverse, services. This can only be due to the high level of personal service along with market-led advice which our clients have come to expect from across the business. We are happy to be part of the expanding commercial team, continuing to offer these service levels to our clients both new and existing.   

In our second year, we continue to grow our market share and deal volume and got off to a flying start with both acquisitions and sales in the industrial, office, retail and serviced apartment sectors. We also sold a state-of-the-art veterinary hospital in Glasgow city centre, which provided a 15-year lease term. 

The summer slow-down allowed us to take a short holiday and prepare our sales for H2 2018, which include an exciting multi-let industrial portfolio called ArC. It comprises four estates across Scotland and was launched in September at offers over £8m / 8.80%. Industrial continues to be a very popular sector among investors so we anticipate a positive result for our client.

Galbraith has certainly lived up to our expectations of a diverse, entrepreneurial business which provides exceptional service to all its clients, and we are excited to be part of its future. We would be delighted to hear from you should you feel that we can assist with your commercial property investment requirements.