The Scottish property market has taken a few hits of late with the uncertainty of Brexit and LBTT impacting on activity at the top end of the market. However, the success of Galbraith proves that local knowledge is key at a time when a number of well known national firms have been taken over.
The acquisition of Strutt & Parker by French bank BNP Paribas is the latest in a series of such take overs which have seen the disappearance of Smiths Gore to Savills and Cluttons to Rcapital. These long established firms with great pedigrees have been effectively swallowed up by big corporate businesses and have lost their identity.
Galbraith is one of the few remaining truly independent Scottish property consultancy firms. It has recently invested in an exciting rebranding exercise, resulting in a clean, smart but approachable image to reflect the firm's strength and independence in today's world. The firm has no shareholders and is a partnership built upon client service and partner/client relationships, which is becoming increasingly rare these days with the drive to maximise returns to shareholders.
Galbraith has seen a healthy 10% increase in sales over the latest quarter (ending 30 June 2017) compared to the same period in 2016, and is currently handling in excess of 40m worth of property transactions.
John Bound, partner at Galbraith said:
The recent acquisition of Strutt & Parker is the latest in a series of big corporate deals. Our clients are at the centre of everything we do and we can offer a national service at a local level and can provide an important and attractive alternative to the big corporate nationals.