DTZ Investors had another rewarding year in 2014
DTZ Investors had another rewarding year in 2014, successfully rebranding and integrating their European and UK businesses under one banner, growing the assets under management by approximately 5% and transacting over €1.6bn of real estate. Over the course of the year the team recruited five new directors from the likes of Freshfields, Amundi, Corio and AonHewitt as well as promoting two associates to director.
Notable deals over the course of the year include the forward sale of A9B, Paris, a 247,600 sq ft office building located in the ZAC Rive Gauche, France, the purchase of 47 Mark Lane, London, an 85,000 sq ft multi-tenanted office and retail property overlooking the Tower of London, acquired for £73.3m and 55 Gracechurch Street, a multi-let mixed use office and retail asset in the City of London purchased for £45.75m. In addition, DTZ Investors acquired number of investments on behalf of its clients across both the mainstream and alternative property sectors with notable acquisitions including: Springfield Quay Leisure Park, Glasgow; Colindale Retail Park, Colindale, London; 48-76 St. John’s Road, Clapham and The Randolph Hotel, Oxford.