Bidwells posts record turnover of £5.46m despite COVID-19 uncertainty

Bidwells posts record turnover of £5.46m despite COVID-19 uncertainty

Finlay Clark

Perth-headquartered Bidwells property consultancy has posted a record turnover of £5.46 million throughout 2020 despite the upheaval of COVID-19.

The firm’s sales increased by 3% from 2019.

Finlay Clark, Scotland managing partner, said a focus and belief in their key markets has resulted in the rise in sales.



He said: “It has been a difficult year for many in lots of different ways but our business adapted phenomenally well. Home working commenced and budgets were recast in Q1 but we are very happy to report that we fulfilled our original budget and achieved 3% fee growth.

“Being at the forefront of the energy and renewables, forestry, estate management, planning and strategic development sectors has meant that we have achieved a great result as these markets have remained on course with our strategic business plan.

“In addition, we have embraced a surge in demand for our specialist rural estate agency services.”

Bidwells currently manages over £5.2 billion in property assets and employs 500 people across the UK. In 2019. the firm completed a move into new premises at Broxden House in Perth.

Mr Clark said the firm was looking to expand its forestry, strategic development and energy and renewables teams to meet market demand.

Alongside the results, Bidwells announced that rural surveyor Fraser Smith has joined Bidwells’ energy and renewables team. This comes at a time when new technology is being brought to the market with opportunities for those willing to invest in green energy and infrastructure.

Alastair White, former managing director of Muir Homes, will also be joining Bidwells as a consultant to boost Bidwells’ strategic development and planning offering.

Mr Clark continued: “As well as key appointments, one of the most significant moves we have made is the introduction of a new Natural Capital and Sustainable Investment service. This brings fresh thinking and opportunities to landowners investors.

“It’s of particular resonance as we move towards a green-led economic recovery and sustainability in all we do.”

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