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Winners of CoStar Agency Awards in Scotland unveiled

By Kasmira Jefford - Wednesday, October 11, 2017 12:29

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The first of this year's CoStar Agency Awards event kicked off in Scotland last night where winners from the Glasgow and Edinburgh office sector and the country's industrial market were unveiled.

More than 70 delegates came to celebrate at the event, which took place at 200 St Vincent Street in Glasgow, with Quartermile Developments managing director and Scottish Property Federation chairman and Paul Curran as guest speaker.

Each year CoStar recognises the UK’s top commercial property agencies, through a detailed analysis of the thousands of deals we collect over 12 months.

In addition to the awards that are based on our data, the company also publishes CoStar News Editor’s Choice awards. In this category our readers vote for the “Deal of the Year” and “Dealmaker of the Year” awards in each region as well as “Best Newcomer” in selected markets.

In the Edinburgh office category, JLL (pictured below) achieved a clean sweep of trophies, taking home awards for most active agent by availability, number of instructions, acquisitions (sq ft) and by disposals – both in terms of the number of deals and by total square feet. Ben Reed, regional director at JLL and head of tenant representation in Scotland, was recognised in the Editor’s Choice Awards as dealmaker of the year.

The deal of the year took place at the Quartermile Three building, where Moorfield, Quartermile, M&G Real Estate secured a 65,6000 sq ft pre-let to State Street Bank. Montagu Evans advised the landlords and Cushman & Wakefield acted for State Street.

Property advisory firm Ryden dominated the Glasgow office awards, winning most active agent by availability, instructions, disposals (sq ft) and number of disposals. However the trophy for most active agent by acquisitions was CBRE, which at 458,556 sq ft of acquisitions compared with 195,940 sq ft for the runner-up Colliers International proved to be the clear winner.

In the Editor’s Choice Awards for Glasgow, Sarah Addis, senior surveyor at Knight Frank, was awarded dealmaker of the year while Maxim Office Park’s 44,000 sq ft letting to Balfour Beatty at its Maxim 7 building at Eurocentral won deal of the year. The deal, which closed in May was the biggest out-of-town business park letting in the West of Scotland to take place in a year. CBRE represented Balfour Beatty while the landlord was advised by Cushman & Wakefield and Ryden.

Best newcomer was awarded to Stephen McIntyre, who joined Beacon Brooke as a director last year after three years at DM Hall, where he joined as a graduate surveyor.

The Scotland industrial awards were again shared between Ryden and CBRE, with the latter taking the trophy for most active agent by acquisitions and Ryden securing most active agent by availability, number of instructions, disposals in terms of total size and number of disposals.

Neil McAllister at Ryden was awarded dealmaker of the year while Amazon taking 382,391 sq ft at Logicor’s distribution facility near Bathgate, J4M8 380, was voted deal of the year. Colliers and Ryden acted for Logicor while Amazon were unrepresented.

The Agency Awards will continue at The Council House in Birmingham tomorrow where the 2017 Midlands winners will be announced.Click through to see all the winners, video interviews and photos from last night's event. 

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