Ryden announces three promotions with Nick Armstrong to become partner

Ryden announces three promotions with Nick Armstrong to become partner

Nick Armstrong

Scottish commercial property consultancy firm Ryden has made three senior promotions with Nick Armstrong, based in the investment team in Edinburgh, to become partner.

Eddie Fiddes who works in Aberdeen property management, has also been promoted to the role of partner.

Mark Thom has also been promoted to associate within the valuation, lease advisory & rating team in Edinburgh. All three joined Ryden in the early stages of their property careers.

The promotions take Ryden’s total number of partners to 43. The firm is predicted to hit fee targets at financial year end despite the difficult trading conditions of the past 12 months.

Mr Armstrong has worked in the Edinburgh investment team for over ten years building strong relationships with clients. His most recent transactions include the purchase of Prestonfield Park Industrial Estate on behalf of Ribston and the purchase of 43-45 George Street on behalf of Thistle Property.

Mr Fiddes has led Ryden’s property management team in Aberdeen since 2013 and has worked with local and national clients including Knight Property Group, GSS Developments, Gilcomston Investments and Freshwater Group.

Mr Thom began his career as a graduate in Aberdeen before relocating to Edinburgh where he provides valuation, rent review, lease restructuring and strategic advice for clients such as The Robertson Trust and Scotmid.

Dr Mark Robertson, Ryden managing partner, said: “Ryden has maintained a strong business focus during the extended periods of lockdown to ensure that we support our client-facing teams and sustain our market-leading positions. Our people work extremely hard for their clients and the promotions we have made are individuals who have built their career with us and reflect our appreciation of their dedication.

“Ryden is in a strong position to support clients through the next stage of the commercial property market cycle which is picking up pace in Q2.”

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