JLL adds senior hire to Scottish investment team
JLL has added a new director to the firm’s growing Scottish investment team. Calum Cowe will join the property consultants as director within its capital markets team after spending over eight years at Cushman & Wakefield. He joined as a graduate and rose through the ranks to become partner in 2018.
Cowe’s hire follows Andrew Shiells’ appointment to JLL’s Scottish investment team in November, joining from Lambert Smith Hampton.
Cowe will be based in JLL’s Edinburgh office and work on the acquisition and disposal of commercial property and investment opportunities throughout Scotland. He brings significant investment experience working with a range of national and international clients.
Cowe has been involved with significant investment transactions including the sale of Exchange Place 1, 2 & 3 for the Scottish Widows Life Fund (now part of Aberdeen Standard Investments) and Saltire Court for ADIA. He also led the purchase of Stock Exchange House in Glasgow for GBP33 million for AEW last year in Glasgow, as well as the forward funding of the Premier Inn hotel, St Enoch Square for GBP31 million in 2018.
Cowe says: “I’m delighted to be joining the investment team at JLL in Edinburgh. This is an exciting time to be joining a growing team, and I look forward to working with new clients to help them make the best investment decisions they possibly can.”
Alasdair Humphery, lead director for JLL in Scotland, says: “Calum’s appointment is an important one for our business in Scotland and brings our investment team to the right size and shape to compete in the market during 2020 and beyond. Calum is an experienced consultant who is used to helping clients achieve their ambitions. In our two new investment recruits we have an energetic duo offering complimentary skills and specialisms that will fit well with our existing team. I look forward to seeing the team flourish through the year ahead.”
David Davidson, chair of Scotland, Cushman & Wakefield, says: “Calum’s time with us is testament to rapid career progression possible at Cushman & Wakefield. I’d like to thank him for his contribution to the firm. This is a one-off opportunity for Calum, so we wish him every success and will hopefully be doing deals with him soon.”
In 2019 JLL was named by LinkedIn as the sixth best place to work in the UK.
In Scotland, JLL employs around 120 members of staff in its two offices, acting on some of the largest, most prestigious schemes in the country.
JLL advises developers, investors and occupiers in all major property markets, covering offices; retail and leisure; industrial and logistics; residential; mixed-use schemes; planning and renewables and development land.