ALLIED Surveyors is extending its residential offering in the Central Belt amid further signs of strengthening in the Scottish property market.
The firm, which employs nearly 150 staff in 30 offices across the country, is taking over the operations of Murray & Muir through a merger with its smaller rival. The two businesses will have a combined turnover of roughly £13 million.
The move follows a similar deal by Allied in September of last year, when it took over Edinburgh surveyor McNeill Maguire & McCreath.
Established in Glasgow in 1890, Murray & Muir employs 17 people including its four managing partners, Hugh Campbell, Ian Donald, Martin Paul and Grant Williams. All will remain with the enlarged business, with Murray & Muir staff in Glasgow and Edinburgh transferring to Allied’s offices.
The deal follows a record year of profits at Murray & Muir, which focuses primarily on residential valuations obtained through solicitor referrals and successfully negotiated the downturn that squeezed out many similar-sized firms. Demand for surveying services is growing amid a marked upturn in the property market.
Campbell said the deal, which officially goes through on Wednesday, is “great news” for both clients and employees of Murray & Muir, adding: “Our staff will have enhanced career opportunities within a modern and progressive firm.”
Allied operates across residential, commercial and building consultancy.
Its chairman, Grant Robertson, said: “The Scottish property market is very much recovering. The volumes are coming back, and Allied wants to be part of that.”
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