Property group Knight Frank has grown its commercial property arm by taking new city-centre office space in Edinburgh and Glasgow, on the back of two consecutive years of record profits.
The firm said its revenue has jumped by 300 per cent and 250 per cent respectively in the two cities over the last five years. Its new Edinburgh office is on Castle Terrace, while its Glasgow operations have moved to Allan House on Bothwell Street.
Alasdair Steele, head of Scotland commercial at Knight Frank, said: “This move underlines the exponential growth the firm has realised over the past five years, while supporting our ambitions for future expansion.
“In the last few years, we have merged our property-management and building-surveying teams across the country, added new services to our offering, and worked on some of the biggest deals in Scotland.”
He added that the business is seeking to replicate this in the year ahead “and are confident that the firm will continue to grow organically”.