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Deloitte joins forces with Thomas Consultants to strengthen Real Estate Advisory services

Toronto, February 15, 2018 – Deloitte today announced the acquisition of Thomas Consultants Inc. (TCI), a specialty real estate consulting firm specializing in strategy, planning and development of large-scale retail projects. As part of Deloitte’s Real Estate advisory practice, the expanded team will provide clients with a more comprehensive service offering. The TCI team brings expertise in urban land economics, market feasibility, strategy, urban planning, finance and occupier analytics.

“Clients are seeking specialization and new ideas to create value for their real estate and development projects,” said Sheila Botting, Partner, and Canadian Real Estate Leader, Deloitte Canada. “We are thrilled to welcome TCI’s team of seasoned experts and market leaders who understand the trends disrupting retail and mixed-use real estate asset management and development. Their skills and expertise complement our own, and we can now offer our private and public sector clients more as they undertake complex retail and real estate development projects.”

Botting added, “TCI projects rank among the world’s biggest and most enduring. That they have chosen Deloitte to expand their mark, I think, says a lot about the capability and reputation of our existing team.”

“The lines of retail development are becoming blurred further with the growth of large-scale, mixed-use projects,” said Ian Thomas, Chairman, Thomas Consultants Inc. “The opportunity to dovetail with Deloitte’s unique state-of-the-art expertise is truly manifest.”

“Mixed-use real estate has become the wave of the future and TCI together with our current team is a leader in this space,” said Charles Knight, Managing Partner, British Columbia Financial Advisory. “Our expanded team is now better positioned to advise our clients with a greater level of experience and ability that will help them capitalize on bigger and more complex projects.”

About Deloitte

Deloitte provides audit & assurance, consulting, financial advisory, risk advisory, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries and territories bringing world-class capabilities, insights and service to address clients’ most complex business challenges. To learn more about how Deloitte’s approximately 264,000 professionals—9,400 of whom are based in Canada—make an impact that matters, please connect with us on LinkedIn, Twitter or Facebook.

Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

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