Four Scottish commercial property advisers have launched Lismore, a real estate investment and development advisory firm in Edinburgh.
The firm will cover sales and acquisitions, development fundings and joint ventures, across all property sectors.
The firm will be jointly owned by directors, Simon Cusiter, Colin Finlayson, Chris Macfarlane and Richard Mackie, who were previously directors of JLL.
Finlayson said: “We strongly believe there is a real gap in Scotland for an alternative niche advisor that thinks differently and is completely focused on providing a high quality and bespoke service to clients.
“We bring a deep understanding of capital and occupier markets, coupled with market-leading transactional experience. We are totally geared to help clients maximise value and meet their investment objectives”
The quartet have operated in senior positions in the investment and development market in Scotland for 30 years.
Macfarlane, Cusiter and Mackie were partners at King Sturge prior to the merger with JLL in 2011.
Finlayson had been at JLL for 20 years and was a regional director in the national investment team.
Macfarlane added: “It’s an exciting time to be starting the business and the reaction we have had from clients and the market has been fantastic and very positive. The fact that we are an established team that has worked together on many of Scotland’s top property deals for many years will allow us to hit the ground running.
“Our shared values, ethics and enthusiasm will ensure that we’ll provide our clients with the best possible service and advice. Being small and agile, but with decades of experience, allows us the flexibility to adapt quickly to changing market conditions and help clients understand emerging trends.”
Lismore will operate from an office base in Edinburgh’s George Street and will focus on the Scottish market.