Deloitte Real Estate announces sale proposals
18 April 2016
Following a strategic review of its real estate teams, Deloitte has today announced the sale of its Agency, Lease Advisory and Asset & Property Management teams. These teams will be sold to the following property businesses:
- Stephen Peers and the West End and City leasing teams will transfer to Gerald Eve as will Tony Guthrie and the Lease Advisory team and Mike McChesney and the Dilapidations team.
- Jamie Olley and the City Investment team will transfer to Savills
- Julian Stocks and the Asset and Property Management (APM) team will transfer to Knight Frank.
Deloitte is still exploring options for John Rodgers and the National Investment team and will announce the outcome in due course.
Nigel Shilton, managing partner for Deloitte Real Estate, said: “Deloitte Real Estate has gone from strength to strength over the past few years with resounding successes. However, the strategic review has suggested that it is no longer in the best interests of our clients or people for us to retain these parts of our real estate business.
“Our priority now is to ensure a smooth transfer process for the teams and their clients.
“Our Deloitte Real Estate business will continue to be a strong player in the market through our core real estate services in tax, audit, consulting, financial advisory, construction, planning & development and occupier advisory and these services will now be the primary focus for our future investment and growth ”
The proposed date to conclude the transfers is 31 May 2016.
Deloitte Real Estate continues to be led by Nigel Shilton.
For any more details, please contact Sue Gibson, PR manager for Deloitte Real Estate, on 020 7303 3156.