AN Edinburgh property firm managing around 15,000 properties across Scotland has acquired a new HQ as it marks 50 years in business and targets further growth.
Trinity Factoring Services Limited, which provides property factoring, lettings and buildings insurance services, has purchased the whole of Canal Court office space on Craiglockhart Avenue with support from a building transition loan from Bank of Scotland. The finance was provided to support the purchase of the family-run company’s new owner-occupied premises.
Trinity currently employs 75 people, including 50 office-based employees and 25 field staff. Alongside its Edinburgh operations, the business also has an office in Aberdeen.
The premises, where each building has an EPC rating of B, comprise 11,000 net sq ft across two identical buildings and are located on the banks of the Union Canal, around a mile from Trinity’s existing Bruntsfield offices. One building will provide enough space to accommodate Trinity’s Edinburgh workforce, while the second is currently occupied by charity Children’s Hospices Across Scotland (CHAS), which will remain as a long-term tenant.
The move will allow Trinity to consolidate its two existing Edinburgh offices into one larger base, bringing its team together under one roof while creating additional capacity. Trinity owns its existing Edinburgh premises and plans to make the space available to tenants following the move, creating an additional income stream for the business.
Trinity’s roots stretch back further than its 50-year milestone. Founder Alasdair Seale began renting lock-up garages at just 15. What started with just one garage gradually developed into property services after he began looking after homes for clients, arranging repairs and later letting the first flat on behalf of an owner. From there, Trinity expanded into property management and today provides services spanning residential and small commercial factoring, lettings and property insurance. Alasdair’s son Callum now works as operations manager.
Alasdair Seale, MD at Trinity Factoring Services Limited, said, “Reaching 50 years is something we’re incredibly proud of, particularly when we look at how the business has developed from where it started. But we’re equally focused on what comes next. Bringing our Edinburgh team together will make a big difference to how we work, while giving us the space to continue growing and creating opportunities for people to build careers within our business. Quality of service has always been at the heart of Trinity. Much of our growth has come through recommendations and long-standing relationships, and this investment gives us a strong base from which to continue building on that.”
Ross Penman, relationship manager at Bank of Scotland, added, “Trinity has built an impressive business over almost five decades, combining steady growth with a clear commitment to its people and customers. The purchase of Canal Court gives the team a long-term base that can support its future ambitions, while the building’s energy efficiency made it a strong fit for our building transition loan. We’re pleased to support Alasdair and the team as they invest in the next chapter of the business.”
