Property firms join forces

Two Edinburgh-based commercial property firms have announced a strategic joint venture that will see the companies share resources.

Cornerstone Business Agents and IME Property are to pool their resources in order to benefit from each other’s key skills, expertise and contacts.

Cornerstone specialises in selling businesses as going concerns in the hospitality, retail, medical and childcare sectors, while IME deals in the leasing and selling of traditional commercial properties.

Iain Mercer, managing director of IME Property, said: “Because of our growing brand awareness and online presence IME is receiving more and more approaches from people looking to sell their business.

“Whilst we have the platform to take on these instructions, we want to service them as effectively as possible. The partnership with Cornerstone made sense for a host of reasons – not least our shared values on providing clients with a first class service.”

Cornerstone director Barry McNeil added that his team “thoroughly look forward to working with Iain and his team”.

“Over the years we have amassed plenty of experience in selling people’s businesses and this alliance will allow us to collectively share ideas and skills whilst extending the reach of our respective brands,” he said.