Allermuir Estates was formed in 2008 by Scott Gibson. The company’s strategy is acquire either short let or vacant properties in major towns and cities throughout Scotland where there are known retail, industrial and office requirements, and through opportunistic investment and active asset management to add value to these properties over a three to five year period, with the intention of building a Scottish based commercial property, investment trading portfolio.
The company’s investment strategy is:
- to target properties which meet specific investment criteria:
- properties that are well located for their use;
- that have scope for medium term value enhancement through active asset management;
- where the downside is protected either through long term, secure rental flows or through underlying capital values either in existing or alternative uses;
- using borrowings with a view to enhancing equity returns;
- enhancing rental and capital growth through active asset management by refurbishment, extensions, lease restructurings, rent reviews or upgrading of properties.
