Commercial property investor CBRE has acquired Scottish property advisory consultancy Dougray Smith.
Chris Dougray and David Smith have operated the business for nearly a decade, which acts as development, funding and investment advisors on large projects, including offices, hotels, build-to-rent, co-living and student housing.
Since its inception, Dougray Smith has advised on a number of high-profile transactions, including the sale of the Haymarket site in Edinburgh, the disposal of the 3.6-acre Candleriggs site in Glasgow city centre, as well as the forward funding of two pre-let hotels at Custom House Glasgow for circa £80m.
