Industry Real Estate Key people Iain Russel, Chairman Headquarters Edinburgh Number of employees 200 | Area served Scotland Website www.ckdgalbraith.co.uk Founded 2003 | |
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Services Sales, Lettings, Commercial, Rural, Energy, Forestry, Building Surveying Profiles | ||
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CKD Galbraith is an independent property consultancy in Scotland. The firm offers a range of property consulting services across commercial, residential and rural sectors.
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History
In April 2003, CKD Galbraith was formed through the merger of the Scottish offices of Cluttons with CKD Finlayson Hughes. (The firm has antecedents dating back to the 18th century.) In July 2009, CKD Galbraith acquired the Buccleuch John Sale estate agency and chartered surveying business based in the Scottish borders, thus adding three regional offices to its network. In 2013, CKD Galbraith merged with Hayes Macfarlane becoming one of the top Single Farm Payment brokerages in Scotland.
Operations
The firm currently employs more than 250 people across 11 regional offices across Scotland.
Services
The firm operate in a range of real estate sectors, including residential, commercial, estate, and farm property. They arrange finance through the Agricultural Mortgage Corporation for commercial farms and estates.
They have an established energy department that advises landowners and other private clients on the suitability and likely return from windfarm developments across Scotland. In February 2011, the firm published a report that estimated the annual rental return for landowners with windfarm developments on their land was £26,000 per annum - a figure that would continue to rise as demand for renewable developments increases.
In 2016 the firm continued to develop its services developing a unique ‘Land Mapping Consultation’ service through the use of GIS software (Geographic Information Systems), which allows the user to record, analyse and visualise geographical information.
Estate sales
The firm handled the sale of Taransay, an island in the Outer Hebrides of Scotland which was the location of the BBC television series Castaway 2000. The property was marketed at an offers-over price of £2 million in June 2011 and was sold to a landowning family for an undisclosed sum.
In recent years, the firm has also been responsible for marketing a number of other large estates including the Heights of Kinlochewe, Tournaig Estate, Dalmagarry Estate and Newtyle Fishings, a stretch of fishing rights on the River Tay.
In September 2011, commentary by the firm found that Scottish estates were changing ownership on average every 16 years, and suggested that Scottish estates were being increasingly targeted by wealthy foreign buyers who saw land as a safe investment option.
The firm reported in 2016 that the market for estate sales was still robust, with a number of national and international buyers committing to buying estates in Scotland. CKD Galbraith were involved in more than 65% of all Scottish estate sales this year.