Avison Young has announced the addition of more than 100 principals, bringing its total to 600.
The Toronto-based firm is rapidly expanding and recently acquired UK firm GVA. The new principals include new employees along with former senior directors of GVA.
"We're thrilled to welcome the new Principals to our significantly expanded and enhanced Avison Young family," said the firm’s chair and CEO Mark E. Rose. "At Avison Young, we provide industry-leading advice to clients throughout the real estate lifecycle. Principals play key roles in every transaction and drive our culture as we place clients, strategy and people before profits.”
The acquisition of GVA closed on January 31, 2019 and established Avison Young among the top five commercial real estate advisory businesses in the U.K.
"When we merged with Avison Young, one of the most significant attractions was a return to partnership and the opportunity to offer our leaders – current and next generation – an equity stake in our business. The appointment of 100-plus colleagues as Principals is only the start of that opportunity," notes Gerry Hughes, the former CEO of GVA who is now a Principal of Avison Young and the firm's Managing Director, U.K. and Managing Director, Global Consultancy.
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