Toronto-based commercial real estate services firm Avison Young has entered Poland thanks to its acquisition of UK-based advisory company GVA, which was finalized earlier this month. The combined companies now operate under the Avison Young brand. The transaction, whose value has not been revealed, has allowed Avison Young to expand across Europe by acquiring additional offices in the UK, Austria, Bulgaria, Croatia, France, Greece, Italy, Norway, the Republic of Ireland, Romania, Spain and Poland.
The Polish office of the company is located in Warsaw and is headed by Michał Ćwikliński. “The company has ambitious plans to expand in Poland and Europe by acquiring key market professionals, as well as whole teams and companies,” Ćwikliński commented on the acquisition. In Poland, Avison Young offers such services as investment advisory, technical advisory, project management and technical supervision of hotel properties on behalf of the landlord.