DTZ is gearing up to recruit new staff in Europe following its takeover by Australian property services company UGL in December, the company's new EMEA chief John Forrester said at a press meeting at Mipim on Wednesday.
DTZ is gearing up to recruit new staff in Europe following its takeover by Australian property services company UGL in December, the company's new EMEA chief John Forrester said at a press meeting at Mipim on Wednesday.
The firm is targeting retail Investment in Continental Europe in particular, Forrester said. 'We already have a big share of the asset management business, but we would also like to increase our presence in the capital markets.'
Forrester, previously CEO of DTZ until the takeover by UGL, said the company would continue to boost its valuation team as well as corporate services and property management. The focus will be on the major markets in Europe including Germany and France. The Nordics, in particular Sweden, are also on the agenda, he added. 'We will be supporting and growing that business.'
Forrester was named chief executive of DTZ’s EMEA region earlier this week and will report to Bob Shibuya, group president of UGL Services/DTZ. The EMEA business, headquartered in London, consists of 30 countries, with offices in 88 cities, employing 2,350 people.
Forrester will also sit on the UGL Services/DTZ executive committee and will contribute to the development of strategy and governance of UGL's global property business.
Forrester joined DTZ in September 1988 and was appointed head of the UK & Ireland business in December 2008. Prior to that, he was head of London Market Operations, head of EMEA Occupational & Development Markets and Vice Chairman of UK & Ireland.
