Avison Young has completed its acquisition of UK real estate advisory business GVA.
GVA has now been rebranded as Avison Young. The deal establishes the Canadian firm as one of the top 5 commercial real estate advisory businesses in the UK.
"This acquisition represents another milestone in our global expansion strategy, and the combination will better position Avison Young to serve our clients across the world," Mark E. Rose, Chair and CEO of Avison Young. "Furthermore, the acquisition establishes Avison Young as the global, disruptive challenger brand. We are now 5,000 strong, having nearly doubled our size and ability to provide clients with whatever they need, wherever in the world they need it. In GVA, Avison Young has added a like-minded UK real estate leader – a company that brings a partnership culture formed during more than 200 years in business."
Avison Young has announced the post-acquisition leadership team: Avison Young Principal and U.K Managing Director Jason Sibthorpe becomes Principal and President, U.K.; GVA CEO Gerry Hughes becomes Principal and Managing Director, U.K. and Managing Director, Global Consultancy; and GVA Chair Andy Mottram becomes Principal and Managing Director, Europe.
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