GVA has exchanged contracts to acquire James Barr, a major Scottish property specialist, creating Scotland’s third largest commercial property advisory by turnover.
GVA has exchanged contracts to acquire James Barr, a major Scottish property specialist, creating Scotland’s third largest commercial property advisory by turnover.
Financial details were not disclosed.
GVA said the partnership has significantly strengthened its presence in Glasgow in particular, as well as its existing public sector facing team. The combined businesses of GVA north of the border and James Barr will operate as GVA James Barr.
‘GVA has entered a period of growth allowed largely by the restructuring of the business last year, an event which leaves us just 12 months away from becoming a debt-free business as well as increasing our profits substantially, coupled with the strongest trading performances this company has seen since 2007,’ commented Rob Bould, Chief Executive of GVA. ‘These events have turned GVA into a far safer and stronger proposition. ‘
