Avison Young Acquires UK Firm Wilkinson Williams

LONDON–Avison Young has acquired the UK firm Wilkinson Williams LLP and opened a new office in London’s West End.

Terms of the transaction were not disclosed.

Since 1991, Wilkinson Williams has been an advisory specialist firm in the UK’s out-of-town retail market, representing landlords and tenants across the country. For the past eight years, it was named the No. 1 retail warehouse property leasing agent in research firm Trevor Wood Associates’ Definitive Guide to Retail and Leisure Parks publication.

“The acquisition of Wilkinson Williams represents another significant milestone in the growth of Avison Young and further underlines our progress towards becoming a market-leading real estate advisory business across all sectors and disciplines in the U.K.,” comments Chair and CEO Mark Rose. “Furthermore, the addition of 16 members, including eight principals, will greatly strengthen our existing high-performing U.K. team.”

Wilkinson Williams has been rebranded as Avison Young, effective immediately, and 16 members have joined Avison Young from the firm. Jason Sibthorpe, Avison Young Principal and Managing Director of the firm’s UK region, will co-ordinate the new London West End office’s day-to-day operations.

Rose continues: “The Wilkinson Williams team will provide clients with fully integrated services in the retail sector, including investment consultancy, occupational and asset management advice, rent review and lease-renewal advisory services.

Avison Young’s newest London West End office is located at Heathcoat House, Savile Row, London, W1 in the Mayfair area.