GERALD EVE ACQUIRES FIFTH TEAM FROM DELOITTE REAL ESTATE

National investment team to join incoming stable already acquired by Gerald Eve

 

Having just completed its acquisition of four key transactional teams from Deloitte Real Estate, Gerald Eve can now confirm the addition of Deloitte’s national investment team. The team of 18, led by John Rodgers, is set to transfer to Gerald Eve with effect from 31 May 2016.

As previously announced, the West End and City leasing teams, lease advisory and lease exit teams will also transfer to Gerald Eve, meaning a total of 38 staff will be joining from Deloitte Real Estate, bringing with them significant transactional firepower and an established client base. The proposed date to conclude all the transfers is 31 May 2016.

Simon Prichard, Gerald Eve’s senior partner, said: “This is something of a coup for us and with five teams now on board, we are undergoing quite a step-change. Clearly we are never going to abandon our commitment to consultancy work, but we can now offer significantly enhanced transactional capabilities to better serve our clients right across the board. It is especially gratifying that all 38 individuals have made an active choice to join us as we have a culture and a business that they can identify with. This is no bull-market acquisition but rather a one-off opportunity to integrate some talented people into an existing successful platform with significant potential for growth.”

John Rodgers, head of national investment at Deloitte Real Estate, said: “I am delighted to be returning to Gerald Eve after beginning my career there 20 years ago. As a British equity partnership, it is the perfect cultural fit for our national investment team and we are all very excited to bring our clients to the Gerald Eve business. I have no doubt that at Gerald Eve the team will continue to thrive given the firm’s very strong brand and reputation renowned for high quality, market excellence and integrity.”