COMMERCIAL property experts, FG Burnett, has clocked up more than a double century of deals in the last 18 months.
A summary of the Scottish agency’s activity shows FG Burnett has completed more than 200 deals in 2010 and the first six months of 2011 – an average of a transaction every 1.8 working days.
In Aberdeen, the company’s agency team has enjoyed a spectacular run of success with the office team, led by Jonathan Nesbitt and Dan Smith, advising on more than 75 transactions totalling over 650,000 sq ft, while across Scotland the deals done figure tops the 200 mark.
The agency team has represented a variety of blue chip clients, including Hermes, Standard Life, Rockspring, CBREI, Redevco and Drum Property Group and acted for Wood Group and Centrica in acquiring 125,000 sq ft of accommodation in Aberdeen’s IQ building.
As joint letting agents of the Bon Accord and St Nicolas shopping centres, FG Burnett has been involved in the lettings of units to major High Street retailers following an £8 million refurbishment programme in both centres.
FG Burnett has also strengthened its reputation as a leading player in Investment Consultancy, with director, Ewen White, advising on the recent £31 million acquisition of Dundee’s Wellgate shopping centre by Invista Real Estate Investment Management.
On the industrial front, the company has been active with a high volume of transactions completed, including the sale of a 100,000 sq ft former manufacturing plant in East Kilbride and the letting of a new 70,000 sq ft warehouse at Edzell Base, Aberdeenshire.
Angus MacCuish, FG Burnett managing director, said: “The diversity of transactions, both geographically and in terms of size – everything from 300 sq ft to 360,000 sq ft – underlines our determination to fulfil our clients’ aspirations.
“Our ethos has always been about providing the best advice to every client and an average of almost three deals a week shows that we are doing that across the company.
“I am very proud of the teams we have in Aberdeen and Glasgow and our focus on client service and market knowledge across all sectors has been the key to our success and is reflected in these outstanding figures.”
Note to editors
FG Burnett Ltd was founded in 1960 and the practice has now grown to become one of the largest firms of chartered surveyors and property consultants – based in Aberdeen and Glasgow.
FG Burnett provides Scotland-wide coverage for a range of services including sales, lettings and acquisitions; building surveying; development consultancy; investment consultancy; property management; rating consultancy, rent reviews and commercial valuation and compensation.
The majority of FG Burnett’s technical staff are members of The Royal Institution of Chartered Surveyors, and using state of the art Information Technology, delivers professional expertise and intimate knowledge of the market place.
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