Gordon Brothers, a global asset adviser with its roots in the United States, has launched a real estate services practice in Europe, the Middle East and Africa.
Ben Lovell, senior director, real estate, EMEA has joined to lead the growth of the practice in the region. Lovell is joined by Daniel Smith, and Richard Maden, both as director, real estate, EMEA.
Lovell, Smith and Maden have over 50 years of real estate expertise and held senior roles at Avison Young where they advised private and public entities on major commercial, residential, and mixed-used developments and standing assets. They were directors in the Bristol valuations and restructuring team at Avison Young.
Gordon Brothers said the team will be responsible for providing real estate services to support businesses and their advisers in restructuring and recovery situations, including strategic advice, valuation, agency, lease mitigation and asset management.
“We are thrilled to welcome this exceptional team of real estate asset experts to the firm,” said Mark Newton-Jones, head of Europe, the Middle East and Africa at Gordon Brothers, in a statement.
He added that “launching a real estate services practice in EMEA is a natural extension of the successful model already established for clients" in the United States. It "strengthens our position as the leading global asset experts combining unparalleled advice with multi-jurisdiction, multi-asset and multi-service solutions,” he said.
Lovell said that “we are excited to join Gordon Brothers and bring the breadth and depth of our real estate expertise to clients in EMEA. We look forward to partnering with the wider team across the firm’s existing capabilities in asset services, asset lending and asset trading to provide asset-based solutions that" reduce risk and provide more opportunity for clients.