Mackenzie says he's looking forward to helping AY expand its footprint across the UK and Europe, “as well as providing long-income investment opportunities to domestic and overseas clients with significant raised funds. We see a real opportunity to provide a dedicated long-income investment advisory platform to investors seeking bond-like investment returns. Whilst there are numerous secure income funds, there is no obvious dedicated team to work with who can source these opportunities from all property sectors to meet a range of risk-adjusted return needs. We will provide that service.”

Hear the latest on Net Lease at RealShare's event on April 5-6 in New York City at the Essex House. Learn more here.

LONDON—Nineteen-year investment sales veteran Luke Mackenzie has joined Avison Young, where he has become a principal. Mackenzie has worked on deals ranging in size from £35 million to £3 billion.

“Our strategy at Avison Young has always been to grow our firm with leading industry professionals who embody our Principal-led, collaborative culture, and Luke is a great fit,” says Jason Sibthorpe, Avison Young principal and managing director of the firm's UK region. “He will play a significant role in the ongoing expansion of Avison Young's full-service platform across the UK. His extensive industry experience, strong leadership skills and comprehensive market knowledge will be of tremendous benefit to our company as we continue to grow our brand and recruit the next generation of top real estate talent. We couldn't be more excited to have Luke on board.”

AY's newest principal has represented clients such as W. P. Carey, M&G, Blackrock, Legal & General, Aviva and British Steel Pension Fund. His notable transactions include the acquisition of the Pendragon sale/leaseback portfolio for WPC; the acquisition of the BCA (British Car Auctions) sale/leaseback for M&G; the acquisition of the Odeon Cinemas sale/leaseback portfolio on behalf of Blackrock; the acquisition of Aviator Park and Causeway Business Parks for P&O Estates; and the acquisition of Toys R Us for a Kohlberg Kravis Roberts-led consortium.

Most recently with CBRE Capital Markets in London, where he was a senior director, Mackenzie joined CBRE as a result of its 2012 acquisition of Franc Warwick, where he was a partner. Before moving to Franc Warwick in 2010, he served as director of real estate with Close Brothers Corporate Finance (2008-2010); as associate director with CBRE Capital Markets and Corporate Finance (2004-2008); as European acquisitions associate with Heitman Real Estate Private Equity (2000-2002); and as a real estate banking analyst with Morgan Stanley Real Estate.

Mackenzie says he's looking forward to helping AY expand its footprint across the UK and Europe, “as well as providing long-income investment opportunities to domestic and overseas clients with significant raised funds. We see a real opportunity to provide a dedicated long-income investment advisory platform to investors seeking bond-like investment returns. Whilst there are numerous secure income funds, there is no obvious dedicated team to work with who can source these opportunities from all property sectors to meet a range of risk-adjusted return needs. We will provide that service.”

Hear the latest on Net Lease at RealShare's event on April 5-6 in New York City at the Essex House. Learn more here.