Strutt & Parker is delighted to announce that it has been appointed as managing agent for Crown Estate Scotland’s rural property portfolio with effect from 1 April.
Crown Estate Scotland recently put a range of property management contracts out for retender with a full public procurement exercise, receiving tenders in early September. These tenders were rigorously evaluated on price and quality, and the outcome of the evaluation and recommendations were approved by their Board at the end of November.
Strutt & Parker’s rural consultancy team in Scotland, which is based in offices in Inverness, Banchory, Perth and Edinburgh won the contract to manage Crown Estate Scotland’s rural portfolio in both the North and the South of Scotland. This contract will run for an initial three-year period.
The current rural portfolio extends to approximately 35,324ha (87,287 acres) and consists of a significant portfolio of residential, agricultural and other assets across four estates: Fochabers and Glenlivet in Moray, Whitehill in Midlothian and Applegirth in Dumfries and Galloway.
Andrew Aitchison, Head of Rural for Strutt & Parker in Scotland, said: “Strutt & Parker and our colleagues in the wider BNP Paribas Real Estate business are delighted to have been successful in winning this contract and are looking forward to representing Crown Estate Scotland at a time of change for Scotland’s rural economy. We will be focused on working on behalf of Crown Estate Scotland to maintain and enhance relations with tenants and other stakeholders, to safeguard and develop the long-term sustainability of the land and natural capital they manage and the businesses they run.”
Andy Wells, Director of Property for Crown Estate Scotland, said: ‘We’re delighted to announce our intention to work closely with Strutt & Parker from April on wards on helping us deliver the best support to our rural tenants, and the communities we work with across Scotland.”