LONDON—Avison Young, Toronto, 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.

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

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.