David Rowand

With a portfolio of more than 100 properties within Glasgow’s west end, providing convenient access to Glasgow University, Kohli Properties has operated in the letting sector for over 35 years specialising in HMO student letting, residential and property management​.

The appointment follows Cairn’s celebrations at marking a quarter century of building a ‘whole market’ residential property agency and means that Cairn now manages a portfolio of some 1500 units, 300 of which are under HMO management, divided between Glasgow and Edinburgh.

David Rowand, managing director, Cairn Group, said: “We’re delighted to secure this appointment to manage Kohli Properties’ portfolio, an arrangement that has transpired due to a change in family circumstances.

“Given the long-established professionalism of Kohli Properties operations, together with the fact that its family values align perfectly with ours, with a team committed to serving those living, working, and studying in Glasgow, we consider this arrangement a perfect fit.”

A spokesman for Kohli Properties added: “As Cairn shares our strong belief in relationship management and dedication to do all we can to provide a personal service to every client, we are confident that this deal will represent business as usual for our valued client base.”

Within the last year, Cairn has executed a series of acquisitions and a comprehensive management restructure with the promotion of its management team to create joint managing directors and a new director.

The restructure followed a period of significant growth via acquisition over recent years which saw Cairn acquire JJM Properties in Glasgow, Grange Letting in Edinburgh, Stephen McIntyre Letting in Portobello, Glasgow-based Rannoch Property, Clyde PM, the factoring arm of estate agent Clyde Property, and the Scottish arm of Glasgow-based Nationspaces Developments.

Cairn now employs a staff of 25 and aims to double its turnover to £3 million and portfolio to 2500 units under management within the next five years through its ongoing expansion strategy.