GVA Secures Leading UK Leisure Team

Added/updated: Wednesday 01 June 2011, Category: News summary

By: Rob Bould, GVA / Gavin Brent, Humberts Leisure

On 31st May 2011 GVA completed the acquisition of Humberts Leisure, thereby creating one of the UK’s strongest leisure offers.

The new leisure unit, named GVA Humberts Leisure,  brings together the specialist leisure advisory expertise of Humberts Leisure, GVA’s existing hotels and leisure capability and the resources and national network of one of the UK’s leading property consultants.

This strategic acquisition marks a major statement of intent by GVA, currently the seventh largest property advisor in the country, to establish the company as one of the UK’s leading leisure consultants, with in depth specialist expertise across all leisure sectors.

GVA’s existing Hotels & Leisure team, led by James Williamson and Ian Thompson, is particularly focused on hotels, so the acquisition allows the company to effectively tap into the wider UK leisure sector. This will include pubs and licensed property, hotels, general leisure, holiday property and caravan parks, golf courses, sports complexes and venues, urban leisure, water-based leisure, visitor enterprises and institutional property.

Rob Bould, Chief Executive of GVA, comments:

“We’re delighted to have acquired such a prestigious business as Humberts Leisure. At this stage in the economic cycle, this is a first class acquisition of what is undoubtedly one of the country’s leading specialists in its field, which builds on the hard work and determination of our existing team. It also illustrates our leading contra-cyclical approach to gaining market share through the acquisition of a robust business ready for further expansion.

“The move introduces a number of highly impressive specialist leisure chartered surveyors, planners and consultants to further supplement our existing team. The leisure sector requires a highly specialised skills set and it is important to us that we can deliver to our clients the best possible advice in these challenging times.”

John Anderson, Executive Chairman of Humberts Leisure comments:

“We're delighted to have completed the merger with GVA as this provides us with a strong platform from which to drive our growth strategy. Integration of the two complementary leisure teams is a tremendous enhancement to our national leisure service.”

 For further information on the merger please contact Tim Crossley-Smith, Senior Director and national head of Valuation Services on 020 7911 2291 or email tim.crossley-smith@gva.co.uk or Gavin Brent Director on 020 7629 6700 or gavin.brent@humberts-leisure.com

For all GVA media enquiries, please contact:

Edward Dewar, National PR Manager on 020 7911 2664 or edward.dewar@gva.co.uk 

For all GVA Humberts Leisure media enquiries, please contact:

Danielle Rapaport, Edelman, on 020 3047 2092 or Danielle.Rapaport@Edelman.com

GVA profile

GVA is one of the UK’s leading property consultants operating from 12 offices with 890 fee earners generating a turnover of £129.5 million year ending 30 April 2010.

The company provides a full range of property-related advisory led services including agency, planning, development and regeneration, rating, building consultancy, investment, management, valuation and corporate recovery.

GVA also offers specialist advice in areas such as finance, economic and social policy, telecoms, education, healthcare, hotels and leisure, retail, sustainability, contamination, plant and machinery and the automotive and roadside sectors. For further information visit www.gva.co.uk

GVA is a founding member of GVA Worldwide, an international organisation serving key markets in over 25 countries. The organisation comprises of over 2,500 real estate professionals in over 85 markets worldwide.

A leading adviser in commercial real estate, GVA Worldwide optimises client portfolios locally and around the world. It serves the real estate needs of clients including multinational corporations, major space users, developers, owners, institutions, lenders and investors. For more information visit www.gvaworldwide.com