Property investment company LCP is to open its first office in Scotland after expanding its portfolio north of the Border.
The firm – one of the UK’s largest private owners of retail, industrial and office property – said it was setting up a new base in Glasgow, from where it will manage its Scottish retail and industrial estates.
Julian Diamond, LCP asset manager, said it was a natural step to open a dedicated operation in Scotland as the firm had “significantly” increased its presence there over the past two years.