News Feed Item

Avison Young Acquires NAI Haywards, Launches European Presence with New Offices in London and Thames Valley, U.K.

TORONTO, April 1, 2014 /PRNewswire/ --

Fast-growing Canadian commercial real estate services firm opens first offices outside North America; 20 members join from NAI 

Mark E. Rose, Chair and CEO of Avison Young, the world's fastest-growing commercial real estate services firm, announced today that it has acquired London-based commercial real estate services firm Haywards LLP and opened Avison Young's first European offices in London and Thames Valley in the United Kingdom.

The new London-area offices represent Avison Young's first offices outside of North America and a milestone step in the firm's ongoing aggressive global growth and expansion strategy. The acquisition brings 20 new employees to Avison Young.

Over the past five years, Avison Young has grown from 11 to, now, 56 offices in 45 markets and from 300 to more than 1,500 real estate professionals across Canada, the U.S., and in Europe.

Established in 1992, Haywards, the U.K. member of NAI Global, provides full-service commercial real estate offerings that range from strategic planning and project implementation to acquisitions, dispositions, development and property and facilities management.

Effective immediately, Haywards partners Nick Cook, Tony Oxford, Iain Rackley and Sarah Cook become Principals of Avison Young.

Nick Cook also becomes Managing Director of the London and Thames Valley offices and will be responsible for growing a full-service commercial real estate platform in London through recruitment and acquisition. He will also manage the day-to-day operations of the London-area offices and lead expansion efforts in London and the rest of the U.K.

Oxford will also be responsible for project management and building consultancy, Rackley will oversee real estate, and Sarah Cook will serve as Vice-President of Finance in London.

"This is a very exciting and memorable day in the history of Avison Young. Our firm's strategy has always been to use London and the U.K. as a major launch pad into Europe, and to service assignments emanating from North America. But we wanted to ensure that we found the right people, the right location and, ultimately, the right fit so that we could provide a full range of offerings and the highest level of commercial real estate brokerage, advisory and property management services to clients from the outset," comments Rose. "We also wanted to establish our foothold with established industry leaders who have the necessary experience, knowledge and business relationships to guide us in the region."

Rose continues: "In acquiring Haywards, we know that we have found the right fit with Nick, Tony, Iain, Sarah and the rest of their outstanding team. Our firms have similar philosophies and attitudes toward client care. Strong international demand and growth of our global client base drove our decision to open our first European office in London."

"The opportunity to maintain highly successful ongoing operations in the Thames Valley is a value-added bonus and gives us a head-start on future expansion elsewhere in the U.K.," adds Rose. "We're thrilled to have 20 new employees and the diverse skill sets and expertise that they can offer our firm and clients as we begin our expansion in the U.K., Europe and eventually Asia."

Avison Young's new London office will be located at 19 Margaret Street in the West End. Meanwhile, effectively immediately, Haywards' office in Thames Valley (Hampden Chase, Little Hampden, Great Missenden, Buckinghamshire) will be rebranded as Avison Young.

"I got to know Mark Rose and Avison Young Principal Robin White through my connections with the Avison Young office in Los Angeles," says Nick Cook. "Mark, Robin and I got on immediately, as if we'd known each other for years. We have very similar aspirations and view the real estate advisory world in much the same way. Avison Young's ambition to become a global player, but to be of a size that could still provide high-quality personal service aimed solely at the clients' well-being, fits perfectly with Haywards' way of doing business."

Cook continues: "Other important aspects for us were Avison Young's desire to remain private and work as one firm, have one P&L, and one set of partners, serving together for the good of the commercial real estate industry, clients, staff and local community. Notwithstanding our team's wish to grow, we are determined not to dilute the brand by becoming large, unwieldy and anonymous. We want to be relevant, attract great people, provide a personal service and be regarded as our clients' trusted expert. Operating under the Avison Young banner, we will be able to do all of that - and more - while sharing in the firm's Principal-led, collaborative culture. We're thrilled that so many people, who are like family, will continue with us as we embark on a promising and exciting new journey."

The London and Thames Valley office openings complement the previous appointment of Duncan Hamilton, who has served as Avison Young's Director of Global Client Services, based in London, since 2012. Cook and his team will work closely with Hamilton, who oversees international business development initiatives for Avison Young.

London is a leading global marketplace in its own right. It has the fifth-largest city economy in the world, after Tokyo, New York City, Los Angeles and Seoul, generating more than 20% of the U.K.'s GDP. When the greater metropolitan area is included, the London region's contribution to the U.K.'s GDP rises to more than 30%. As a global city, London serves as the headquarters of more than half of the U.K.'s largest listed companies (the "FTSE 100"), and approximately 100 of Europe's 500 largest companies are headquartered and located in Central London, while some 75% of Fortune 500 companies have offices in the area. While serving as a leading global financial centre, London has welcomed more than 480 overseas banks that have offices in the city, along with many other major professional services, media, tourism, technology and retail firms.

Thames Valley is one of the most prosperous regions of Europe and home to a large number of multinational companies and innovative business start-ups. Renowned for a highly skilled workforce, beautiful countryside, proximity to London, and easy access to Heathrow Airport, the Thames Valley has become a destination of choice for business. On almost any conventional economic indicator, the sub-region outperforms its U.K. counterparts (excluding London). The U.K. Competitiveness Index demonstrates the strength of the Thames Valley economy. Every local authority in the sub-region is ranked among the 62 most competitive local economies in the U.K. Particularly strong results are recorded by Windsor and Maidenhead and Bracknell Forest (respectively ranked 7th and 13th out of 434 authorities).

Today's announcement comes on the heels of Avison Young being named last week as one of Canada's Best Managed Companies for the third year in a row.


Nick Cook

Nick Cook brings to Avison Young more than 35 years of commercial real estate experience as a company owner and founder, executive and advisor. Prior to joining Avison Young, he served as the co-founder, president and CEO of Haywards in London for 22 years. While at Haywards, Cook directed the business consultancy team in London, advising a number of client boards on how their property and workplace strategies could benefit their businesses, and assisting with risk management and financial control. He also managed the company's London office while overseeing its Thames Valley operations.

Cook began his commercial real estate career in London by training with three of the top international real estate firms. His experience spans property leasing, development and marketing. He has also acted as a client, serving as a director for several companies and gaining an excellent understanding of the need to deliver proper work environments that support operational need. Notable clients that Cook has advised during his career include: All3 Media, BBC, Camelot, Cooper Industries, Damovo, Global Knowledge, GlaxoSmithKline, Medtronic UK, Mitsubishi Electric, Nexen Petroleum and Serco.

Cook holds a Bachelor of Science in land administration as well as an Institute of Directors (IoD) diploma in Company Direction. He is also a Chartered Management Consultancy Surveyor, holds memberships in Corenet U.K., Federation of Corporate Real Estate Executives and Workplace Consulting Organisation. He chairs the Property Directors Forum, which he founded.

Ian Rackley

Ian Rackley, a 30-year-plus commercial real estate industry veteran, joins Avison Young after serving as a partner with Haywards for eight years. Prior to joining Haywards, he worked as the head of property investment at the United Bank of Kuwait, where he raised funds for, built, developed and managed property-investment vehicles. Before then, he served as a director with Baring, Houston and Saunders (now part of ING) on property-investment funds, clients' mergers and acquisitions, and the company's global occupational property portfolio.

Rackley is a specialist in office leasing, acquisitions and dispositions, and has served companies across a range of sectors, including finance, energy, media and healthcare. His projects have led him to work closely with a client's senior management team on profitability, commercial real estate needs and the implementation of a mutually-agreed-upon strategy for each property. Rackley holds a Bachelor of Science in urban estate management from the University of Westminster and a Masters in Business Administration from Ashridge Business School in the U.K. He is also a Fellow of the Royal Institution of Chartered Surveyors.

Tony Oxford

Tony Oxford brings more than 20 years of commercial real estate experience to Avison Young. For the past 10 years, he has served as the partner in charge of the building consultancy and project management team in the U.K. with Haywards. He has provided professional advice across a wide range of commercial property types for both private-sector and public-sector clients. Prior to joining Haywards, Oxford spent seven years as a director with NB Real Estate (now known as Capita) after toiling for the first four years of his commercial property career with DTZ, where he rose to the position of associate director.

Experienced in handling client property requirements throughout the U.K., Oxford has overseen a number of national accounts and supported business development initiatives for other multi-disciplinary surveying practices, offering project management and building-consultancy support. He has also gained expertise in the development, deployment and successful implementation of national build-to-suits and refurbishment. Oxford holds a Bachelor of Science (Honours) degree in building surveying from John Moores University in Liverpool. He is also an Associate Member of the Royal Institution of Chartered Surveyors, holding designations as both a building and project management surveyor.

Sarah Cook

Sarah Cook is a qualified chartered secretary, bringing together legal and financial skills. Her expertise lies in business management, statutory and legal compliance, and audits for U.K. and overseas entities. She works with clients on mergers and acquisitions, share schemes, property portfolio management, pension and other benefit arrangements and corporate insurance coverage. She also works on change projects where she strives to deliver practical and cost-effective solutions, enabling the client's executive team to focus on critical business objectives.

In recent years, she has worked either in-house or in a consulting role across various business sectors, primarily in communications and media. She began her career as the policy director for the U.K. office of the International Chamber of Commerce, working with governments and corporate executives on global business issues. Since then, she has held assistant company secretary and/or business manager positions with All3Media, TSL Education, The Telegraph Group, MediaCom, and Grey Communications Group in London. An associate member of the Institute of Chartered Secretaries and Administrators, Cook holds a Bachelor of Science degree in international studies from Birmingham University.


For further information/comment/photos: 

Avison Young's new London, U.K. office is located at: 19 Margaret Street, London, W1W 8RR, U.K.

Avison Young's new Thames Valley, U.K. office is located at: Hampden Chase, Little Hampden, Great Missenden, Buckinghamshire HP16 9PT, U.K. 


Avison Young was a winner of Canada's Best Managed Companies program in 2011 and 2012 and requalified in 2013 to maintain its status as a Best Managed company

Follow Avison Young on Twitter:

For industry news, press releases and market reports: http://www.twitter.com/avisonyoung

For Avison Young listings and deals: http://www.twitter.com/AYListingsDeals

Follow Avison Young Bloggers: http://blog.avisonyoung.com

Follow Avison Young on LinkedIn: http://www.linkedin.com/company/avison-young-commercial-real-estate

For further information:

Media Relations:
Sherry Quan
email: [email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that eCube Systems, the leading provider of modern development tools and best practices for Continuous Integration on OpenVMS, will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. eCube Systems offers a family of middleware products and development tools that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
DevOps is speeding towards the IT world like a freight train and the hype around it is deafening. There is no reason to be afraid of this change as it is the natural reaction to the agile movement that revolutionized development just a few years ago. By definition, DevOps is the natural alignment of IT performance to business profitability. The relevance of this has yet to be quantified but it has been suggested that the route to the CEO’s chair will come from the IT leaders that successfully ma...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.