Creating a single identity
Buccleuch merges two operations as Borders Estate
John Glen: ‘makes sense to create a single estate identity’
Buccleuch is to merge operations at its Bowhill and Eskdale & Liddesdale Estates into a combined entity known as Borders Estate.
It will be managed by Edward Morris, who was previously estate manager at Bowhill and has been overseeing operations at Eskdale & Liddesdale since early this year.
There will be no change to their ongoing relationships with residential and farming tenants. Both legal agreements and key personnel remain unchanged under the new umbrella.
The overall footprint of the combined estate will be significantly reduced as Buccleuch progresses its policy of selling land and farms.
Savills, the property adviser, has been engaged by Buccleuch to look at bringing more agricultural land to the market, either as a portfolio or individual units.
John Glen, chief executive of Buccleuch, said: “The Bowhill and Eskdale and Liddesdale Estates have been operating closely together and it makes sense to create a single estate identity, which is more representative of our operations.
“We continue to streamline and harmonise our back office processes, in order to develop a consistent approach across all aspects of our rural business.
“The shape and scale of Buccleuch’s landholdings continues to change and in recent years we have been selling land and properties as we reduce our footprint. We have been in discussions with a number of tenant farmers who have expressed an interest in buying their farms and these discussions are continuing.
“Buccleuch will continue to have a strong attachment to the Bowhill and Eskdale and Liddesdale areas and our policy of selling land will enable us to invest in new projects.”