Property consultancy Hollis has created a new board structure as it focuses on succession planning and doubling of its turnover in the next five years to £100m.
The firm, which has 22 offices – including Edinburgh and Glasgow – last year reported turnover of £54m.
It advises the some of the largest institutional investors across Europe and the UK, as well as many of the biggest private and corporate property investors and occupiers. Clients include M&G, Legal & General Investment Management, The Crown Estate and Schroders.
Having appointed an interim chief executive, Digby Flower, in September, new positions have now been created for chief operating officer, chief financial officer, chief technology officer, chief people officer, head of commercial and clients and six regional managing directors.
These include the promotion of Vikki Aitkenhead to managing director for Scotland, Ireland and Northern Ireland.
These new regional heads will be putting in place leadership teams from within the business, which will include representatives from the four consultancy areas, supported by its 27 existing service heads.
Flower commented: “Hollis has always had a reputation as pace setters in the sector, be that through investment in its brand, in embracing new service lines or driving innovation and opportunity in a sustainable environment.”
Founded more than 30 years ago by John Woodman, Hollis has grown from being a three-person team of dilapidations specialists, to being a 500 strong team with specialisms in building surveying, engineering, sustainability and energy consultancy, cost management and project management.
Chair Woodman said: “For the last few years we have been working on establishing a sustainable succession plan that will not only secure the future of the business, but set it up for significant growth.
“This started with the move to being an employee-owned business two years ago.
“The creation of this new board continues this development and brings through the next generation of business leaders.”
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