Global real estate services firm Cushman & Wakefield has acquired specialist UK logistics and industrial consultancy Burbage Realty Partners Limited (BRPL) as it continues its expansion in the sector.
Founded in 2017, BRPL provides services including strategic land, development funding, investment, lease advisory and occupational agency. Operating across the UK, the firm is a major player in the UK Midlands market.
George Roberts, head of UK & Ireland at Cushman & Wakefield, said: 'This acquisition is another important milestone for the firm and reflects our ambitious growth plans in the UK.
'The BRPL team is highly experienced and hugely respected while their client focus is a perfect match for our own way of working.'
The acquisition complements and strengthens Cushman & Wakefield’s UK logistics & industrial team, headed by Richard Evans, which has a strong occupier and investor client base.
The takeover will see eight new colleagues joining Cushman & Wakefield. Among these, Cameron Mitchell, James Harrison, James Harrison, and James Harrison will join as international partners, while Franco Capella, Mark Thomas and Tom Kimbell join as partners and Sophia Cooper as an associate. The team will continue to be based at its current office in Northampton, while being integrated into Cushman & Wakefield’s national sector team.
Richard Evans, Cushman & Wakefield’s head of UK logistics & industrial, said:'The BRPL team’s established developer relationships and expertise, especially in large footprint logistics sites and strategic land, complement our existing strengths perfectly to create a powerful proposition for our clients.'
Concluded Roberts: 'This deal significantly enhances our scale and capabilities in a strategic growth sector and allows us to offer a comprehensive range of logistics services to developers, investors, and occupiers across the country. We will continue strengthening our capabilities to ensure we always have the skills, talent and insight required to deliver outstanding results for our clients.'
James Harrison, BRPL managing director, said: 'We are thrilled to join forces with Cushman & Wakefield which is a great fit for us culturally.
'Its global platform brings scale, insight, and additional services meaning we are better placed than ever before to deliver for our clients across the UK. We are all excited about the opportunities ahead for us and our clients as part of one of the world’s leading commercial real estate firms.'
BRPL is owned separately to Burbage Realty Limited. The latter, founded in 2003 by John Burbage as a UK logistics and industrial property consultancy, is unaffected by this acquisition and remains an independent business under the ownership of Burbage Capital Limited.
