Under the direction of Jim Crafford, who took over the role of UK head of valuation in early 2023, the Scotland team has expanded most recently with the recruitment of Guy Dalziel as associate director and Ashley Hare as director and ESG valuation lead.

Mr Hare took on the role following 12 years at Cushman & Wakefield where he held the role of partner, and Mr Dalziel from Colliers where he held was associate for seven years.

Gary Murphy, Scotland head of valuation at BNP Paribas Real Estate, said: “We’re incredibly proud of our success as a team, as we have expanded our offering whilst facing strong market headwinds.

“Many of our competitors have scaled back their teams, often at the expense of reducing regional ‘on the ground’ advisory.

“We have counteracted this trend, due to our skillset of being able to advise across all sectors. Our success is due to having one of, if not the strongest valuation advisory teams across Scotland.

“Our recent recruits in Ashley and Guy are known experts in their field, having advised on many large assets and significant active clients within the Scottish property market. We are actively looking to continue this trajectory of hires as our client base rapidly evolves.”

Mr Crafford added: “In Q1 2023, I announced a refreshed strategy across the UK to support in guiding our valuation clients through what has been a challenging time in the markets and in reaction to a significant uplift in valuation mandates across the UK.

“We delivered independent, accurate, and transparent valuation advice to help our clients plan ahead. With long-term relationships often going back for decades, our clients value our expert advice and see us as a trusted partner in times of change.

“As the only property advisor to be part of a global banking group, our clients can have confidence that in a fast-moving world our advice is regulated by some of the most rigorous risk management and compliance processes in real estate. We certainly believe we are market leaders in this regard.

“The recent appointments across Scotland demonstrate our continued drive to connect clients with opportunities and sustainable property solutions across the UK through expert valuation and wider consultancy advice, insight, and financial acumen, supporting them to create long term outperformance and value in an ever changing landscape.”