CBRE, the world’s leading real estate advisor, has launched a Small Caps team, a new initiative focused on deals valued at £10m and below. This is a bespoke offering from CBRE, created to maximise its expertise in advising on smaller transactions as well as large lots. In Southampton the initiative will be led by Advisory & Transaction Director, Nick Tutton.
CBRE’s regional network of offices provides a comprehensive, cross sector service with unrivalled market intelligence across the UK. In 2016 alone, CBRE was involved in 207 deals under £10 million, totalling £785m. The development of a focused Small Caps team, which will cater specifically to this market, will help highlight CBRE’s wider market capabilities, outside of the high profile transactions, and drive revenue growth.
PJ Thibault, Executive Director at CBRE and Head of the Portfolio and Special Situations team, will chair the new initiative with dedicated leaders specialising in individual sectors and regions across the UK.
PJ Thibault comments: “CBRE is well known in the UK market for transacting on large, high profile lot sizes but is less associated with successes in small cap markets. The foundation of our business is to provide expertise in all deals no matter what the size and the Small Caps team will provide a tailored, bespoke service to investors looking at these smaller transactions. The real estate market is changing rapidly, and small commercial real estate deals have grown increasingly attractive to investors wishing to step up the property ladder from the auction market or move across from residential investment. By establishing a team with a real focus on this area of our business we will improve the service we offer clients and further increase our market coverage.”