TORONTO – Avison Young has completed the acquisition of GVA, a prominent U.K.-based real estate advisory firm.
This acquisition expands Avison Young’s global footprint to roughly 5,000 professionals operating across 120 offices in 20 countries, strengthening its position as a leading global commercial real estate services provider.
Strategic benefits for clients and the Houston office
“Avison Young’s acquisition of U.K.-based GVA elevates our Houston office to a whole new level,” said Rand Stephens, Principal and Managing Director of the firm’s Houston office. “The transaction enables us to serve corporate clients with global real estate needs more effectively and offers a valuable opportunity to broaden our platform by enhancing our advisory and consulting capabilities.”
Expanded international presence
Through the acquisition, Avison Young adds significant coverage across Europe, the Middle East and Asia, incorporating GVA’s established offices in the United Kingdom (including London, Belfast, Birmingham, Brighton, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, Liverpool, Maidenhead, Manchester and Newcastle). The firm’s expanded network also includes offices in Austria (Vienna); Bulgaria (Sofia); China (Beijing, Guangzhou, Hong Kong, Shanghai); Croatia (Zagreb); France (Bordeaux, Lyon, Marseille, Paris); Greece (Athens, Thessaloniki); Italy (Milan, Rome); Norway (Oslo); Poland (Warsaw); the Republic of Ireland (Dublin); Romania (Bucharest, Cluj‑Napoca, Timisoara); Russia (Moscow); Spain (Madrid); and the United Arab Emirates (Dubai).
Outlook
Integration of GVA into Avison Young’s platform is expected to enhance cross-border service delivery, deepen advisory expertise and provide clients with a broader range of commercial real estate solutions delivered through a larger, more diversified global team.