Edinburgh-based property company FM Group has appointed administrators to ten of its subsidiary businesses.
Fraser Gray, Elizabeth Mackay and Anne O'Keefe, of recovery specialist Zolfo Cooper, were appointed joint administrators this week to:
FM Herald Building Limited
FM Granton Limited
FM Property and Leisure Limited
FM Developments Limited
FM Commercial Limited
FM St Vincent St Limited
FM Homes Limited
Fraser Gray and Elizabeth Mackay were also appointed joint administrators over a further three companies in the FM Group:
FM City Quay Dundee Limited
RPH Kennoway Limited
RPH Libberton Limited
Fraser Gray said: ‘We’re firmly committed to exploring the future options available for the Group's developments and will be assessing the best way forward over the coming weeks.’
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