Canada's Avison Young merges with Newcastle's GVA property firm
A deal has been signed for GVA to merge with global real estate partnership, Avison Young.
The deal is expected to complete during the first quarter of 2019, subject to regulatory approvals.
The agreement will mean that GVA and Avison Young will now be part of a combined global partnership that will have over 5,000 staff, in 120 offices, spanning 25 countries.
Gordon Hewling, regional senior director of GVA, said: This is great news for our business and clients, presenting huge opportunities for further investment and growth.
“It also strengthens our position as the leading property advisor in the region.”
Headquartered in Toronto, Canada, Avison Young is a real estate services firm, owned and operated by its Principals.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East