GVA acquires property management firm

Acquisition will boost its property management team at Glasgow offices

Article posted: 26 Apr 2011

Commercial property consultant GVA has completed the acquisition of Land and Property Management Ltd to bolster its existing Property Management Consultancy offering at its offices in Glasgow.

GVA has also appointed Director Colin Steele. He will continue to work for his clients alongside the existing team, headed up by Diane Kerr, Property Management Director in Scotland.

The move comes as GVA, which currently sits at number three in the UK in terms of volume of client assets under management, continues to expand and strengthen its business.

John Jones, National Head of Property Management at GVA commented: ''We're delighted with the property management business and experience this acquisition adds to our established business. Colin and Diane will be a formidable team in the market and will enhance our reputation for excellent client and customer service in Scotland. This puts us in an extremely strong position to firstly increase our market share in Scotland and also to expand and develop our national property management offer."

This latest high profile recruit is one of a host of new additions across the business at GVA. It continues to illustrate the company's contra-cyclical approach to gaining market share in areas where it maintains a robust business ready for further expansion.

GVA's property management business has continued to expand in the last 12 months with a number of key appointments to manage office space in Scotland including Skypark (pictured) on behalf of the Moorfield and Resonance JV and Capella for British Airways Pension Trustees.

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Posted by Janet