Three figures in Scotland’s property sector have joined forces to launch a commercial property management business.
Michael Martin and Marc Taylor – co-directors of residential factor Taylor & Martin – have been joined by commercial property consultant Gregor Brown, founder of GM Brown.
They have formed TMB Commercial Property Management, based in Glasgow, to focus on retail, office, industrial and business park assets across Scotland.
Supporting the founding team are finance director Paul Clifford, whose experience includes BDO ESR Europe and London & Scottish Investments, and senior property manager Gary Macdonald, formerly of Speirs Gumley.
The launch comes as commercial landlords face continued pressure on yields, occupancy and asset performance, increasing scrutiny on how properties are managed.
Mr Taylor and Mr Martin bring long-standing experience in residential letting, factoring and development, with 17,000 properties under management across Scotland , while Brown has a background in sales, leasing and consultancy.
Mr Martin said: “Once we started pushing at the door of turning this business from an idea into a reality it made too much sense not to do it.”
The business launches with an established book of commercial management instructions already migrating across from Taylor & Martin, covering a broad mix of retail, industrial and office assets.
As well as his role at Taylor & Martin, Mr Taylor is a director at Kelvin Properties and Nevis Properties, and founder of Tay Letting, which was recently-acquired by a private equity backed group.
He added: “The Scottish commercial property management market presents significant opportunities, and our ambition is to build something sustainable by delivering well, building strong relationships, and growing through trust and referrals.”