CKD creates townhouse department

CKD Galbraith, the Edinburgh-headquartered property services consultancy, said it was beefing up its residential arm in Inverness as demand for expensive properties soars.

The group, which employs 110 people across seven Scottish towns and cities, said it was establishing a dedicated townhouse department to focus on what it said was a "thriving segment of the marketplace" in and around the Highland capital.

CKD's Inverness base handled over 33 million worth of sales in 2006, with the residential division accounting for 76 per cent.

The townhouse unit will be headed by Neil Cameron, who rejoins the firm he previously spent eight years with after a brief spell with Bell Ingram.

CKD said that over the last year it sold seven Inverness townhouses commanding an average price of 410,000 and a further 4m of period townhouses throughout Inverness and Moray.

CKD chief executive Tim Kirkwood said: "The sale of townhouse properties in the Inverness area is an important and growing market. It deserves a specialist service; this business has been very much solicitor-led in the past and I am delighted to be launching our bespoke department as an alternative."