Mark E. Rose, Chair and CEO of Avison Young, announced a strategic affiliation with real estate advisory and asset management group Limehouse, which will now operate its advisory services in Hungary under the Avison Young brand, while carrying-on its asset management activity in parallel as Limehouse Partners.

Based in Budapest, Limehouse manages the assets of institutional investors from across the globe who are committed to the Central and Eastern European market and recently expanded its service portfolio to include capital markets, property, and project management to serve its established client base.

“The addition of Limehouse’s advisory know-how to Avison Young builds on our continuing expansion across Europe where we see opportunities for growth as we focus on innovation, technology, and leveraging the value of the property for our clients,” said Rose. 

“Adding breadth and depth to our global platform fuels the collective intelligence that helps occupiers and investors achieve economic, social, and environmental outcomes,” he added.

Limehouse is the successor of Lodge and Partners, formed in 2016 by founding partners Jake Lodge and Célestin Huot-Marchand. They were joined at the end of 2020 by capital markets leader Benjamin Perez-Ellischewitz from JLL who brings 20 years of experience taking part in significant transactions in the Hungarian market and large portfolio and platform deals.

(WBJ)