Glasgow-based Property Investor Partnerships, the innovative co-investment partnership established to bring together commercial property investment and development opportunities with investors, has reported deals with a combined value in excess of £65 million at the conclusion of its first full year of trade.

Whilst the firm concluded £24.8 million worth of investments, excluding consultancy, in the first three quarters of 2006, the last quarter of last year saw the conclusion of deals with a combined value of £40.7 million.

Colin Whitelaw, Chief Executive of Property Investor Partnerships, said, “We are very satisfied with our first year trading results, which exceed our expectations. As the property market has remained very active throughout that period, we have focused our efforts chiefly on development work, having been involved in selling and acquiring land and vacant buildings for development, rather than making straight property investment purchases.

“Our view is that the market dynamics have made us focus on investment and development opportunities where clear value can be added, rather than buying commercial property investments at market yields. Encouragingly, we have an excellent quality of work in progress.”

Working in joint ventures with a selection of key investors and asset owners, Property Investor Partnerships acquires a range of commercial property investment and development opportunities, assuming full responsibility for executing asset management and development strategies to create and release profit potential.