Scottish property manager opens Manchester office
Cowiesburn, the Edinburgh-based firm of specialist commercial property managers, has announced the opening of a new office in Manchester, together with the expansion of its Glasgow office, and two senior appointments.
It said this follows 100% growth over the past 12 months.
The Manchester opening is in response to new client wins, and an expanding portfolio driven by demand for its cloud-based ‘live’ investment system that enables property owners to manage live information from anywhere in the world, it added.
An expanding portfolio of managed properties across the UK has seen Cowiesburn’s turnover grow by more than 100% in the past 12 months.
Key new instructions include ‘trophy’ office buildings and business parks in Glasgow, Leeds, Manchester and Birmingham.
With several large-scale clients still looking to expand their portfolios, this growth is anticipated to continue in the foreseeable future.
Kash Bhatti, formerly of Galbraith, has joined the firm as director of facilities management, based at 134/138 West Regent Street, Glasgow; and Stuart McGill, formerly of LSH, will head up the new Manchester office at 1 St Peter’s Square.
Donald Simpson, founder of Cowiesburn, said: “We focus 100% on property management and have developed a bespoke cloud-based management system.
“This system allows us to provide our clients with a unique service, including real time access to all financial information on their investments, along with a full model of their portfolios.
“The real power has shifted to the hands of the client, and Cowiesburn is now able to manage buildings in an unprecedented way.
“The bespoke system is attractive to international investors that see the UK as an attractive property investment market.”
He added: “I am also delighted that we have been able to recruit Kash and Stuart, who both have considerable experience in their fields. We now manage properties throughout the UK and the time is right to expand.”