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.