Cushman & Wakefield Grows Retail Asset Management Team In The UK
23 Jul, 2010, London
Cushman & Wakefield has appointed Simon Hartley to join its growing retail asset management team. Simon, who joins from GVA Grimley, will be working on a wide variety of shopping centres. The team, led by John Prestwich, has secured eight new mandates1 in the last 12 months and manages 28 centres across the UK. Its clients include Aviva, Hermes, Development Securities, Kandahar and Land Securities.
Despite a challenging 12 months, Cushman & Wakefield has succeeded in consolidating its position as the UK’s leading retail adviser, launching several new business strategies. These have resulted in increased market share nationally, a 20% growth in revenues and an increase in staff numbers across the retail team. The firm won ‘Retail/Leisure Agency Team of the Year’ at the 2010 Property Awards Winner and a ‘Purple Apple’ at the 2010 BCSC Shopping Centre Marketing Awards.
John Prestwich, Head of Retail Asset Management UK at Cushman & Wakefield said, “We see huge potential for leveraging and developing our established retail asset management business across the UK and consolidating the firm’s leadership position within retail. Simon will strengthen our growing team and help ensure clients receive the best-in-class advice.”