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String of management instructions at Ryden

26th March 2015

Ryden has won a string of new instructions, adding around 120 properties to its management books in Edinburgh during the last six months.

The firm picked up the Thistle Properties mandate for 100 properties across Scotland and will undertake credit control and financial reporting for the portfolio of mainly single-let retail units.

New, acquisitive fund WPF Truff via Cedarwood Asset Management has appointed the team to provide a full management service for 10 properties across the Central Belt, Dundee, Ayr, Fife, Durham and Invergordon.

Another new investment company, Tonsley Investments, hired the team on to manage its Firth Road investment at Livingston, while River Street Capital retained Ryden on Hillside House in Stirling - and awarded two new instructions at Mercury and Moyen House, Heriot-Watt, Edinburgh.

Forth Ports’ Newhaven Fish Market is the latest management instruction on the firm’s books.

Susan Cameron, Associate in the Edinburgh Property Management team said: “We have seen activity increase amongst smaller investors whose property management services are not already tied up in contracts, resulting in a raft of new instructions.  The positive feel in the market looks set to continue for the next six months at least.”

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