One of Scotland’s best-known and oldest estate agency names is to get a new lease of life after the company de-merged from its legal firm parent company and joined a proptech-focused group promising to disrupt the country’s estate agency industry.
Simpson & Marwick, which had become the residential property operation of Clyde & Co during a restructure back in 2015, is to instead to join the growing Aberdeins Group. It will trade independently with new premises, separate website and re-launched estate agency brand.
Known as an upmarket residential property specialist, the 26-strong team of Simpson & Marwick will move into dedicated new offices and will continue to focus on the buoyant property markets in Edinburgh and East Lothian, where it also has a branch.
Simpson & Marwick is one of the best-known prime estate agency brands in Edinburgh and can trace a business history reach back to 1886. Until now it was a niche area of the Clyde & Co legal practice.
Richard Loudon (pictured above, left), who was a Partner within the wider group after joining in 1983, is to lead Simpson & Marwick as its new Chairman. The founder of The Aberdeins Group, Rob Aberdein (picture above, right), is to join the agency as its Managing Director.
“We move with the full support of Clyde & Co as the services we offer are not part of their global core areas of expertise. The time is right, for both Clyde & Co and ourselves to de-merge our residential property division.
“I am delighted that we can continue to protect the legacy of the Simpson & Marwick brand established in 1886.
“We will take it forward into a new era, unlike so many well established and respected Edinburgh law firms that have disappeared in recent years.”