{"id":1004134504,"date":"2016-01-11T06:54:14","date_gmt":"2016-01-11T14:54:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004134504"},"modified":"2020-04-06T00:13:56","modified_gmt":"2020-04-06T08:13:56","slug":"colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/","title":{"rendered":"Colliers Grows U.S. Practice with Purchase of London Firm"},"content":{"rendered":"

By Scott Baltic, Contributing Editor<\/em><\/p>\n

\"Tony<\/a>

Tony Horrell, CEO, Colliers International U.K. and Ireland<\/p><\/div>\n

Hatton Real Estate Ltd., a leading commercial property specialist in London, has been acquired by Colliers International Group Inc.<\/a>, the latter announced last week. Hatton\u2019s business is concentrated in the \u201cCity Fringe\u201d area of Central London, that is, the boroughs (such as Camden, Islington, Hackney and Tower Hamlets) that surround the City of London. Financials on the transaction were not disclosed.<\/p>\n

Hatton was founded in 2010 and provides agency leasing (that is, representing building owners), investment, development and tenant representation services. It will rebrand as Colliers International immediately and will relocate in March to a new and expanded office at Morelands, 27 Old St. EC1.<\/p>\n

\u201cThe City Fringe is now considered to be one of London\u2019s most sought-after commercial and residential districts, and Hatton\u2019s stronghold in the area…will be an excellent fit with Colliers International,\u201d Tony Horrell, CEO of Colliers International U.K. and Ireland, said in a prepared statement.<\/p>\n

\u201cThe City Fringe market has become known as Tech City and is seen as the epicenter of the U.K.\u2019s digital economy and an important part of the U.K.\u2019s economic recovery,\u201d Horrell told CPE.<\/p>\n

Hatton currently employs 11 people and in 2015 turned over slightly more than \u00a36 million (about $8.7 million), while leasing nearly 1 million square feet, Horrell added. Colliers already had two offices in Greater London: the West End flagship office with more than 500 employees and a 15-employee office in the city.<\/p>\n

Hatton \u201cwill add significant capacity to Colliers\u2019 London offices business, bringing the London Offices transactional team to 46 people,\u201d according to Horrell. In the last 12 months, Colliers\u2019 London Offices team reportedly has transacted more than \u00a32 billion ($2.9 billion) of investment deals and advised on more than 2.5 million square feet of leasing and rent review transactions.<\/p>\n

Major recent deals, Horrell told CPE, have included the pre-leasing of 1 Rathbone Square to Facebook for their new London HQ, the largest lease in the West End in 2015; the acquisition of 60,000 square feet on a pre-lease basis for Carlyle Group at 1 St. James Market; and the sale of 95 Wigmore St. for GPE\/Aberdeen for a price in excess of \u00a3220 million ($320 million).<\/p>\n","protected":false},"excerpt":{"rendered":"

Colliers International’s acquisition of leading London property firm Hatton Real Estate will strengthen its investment and office agency practice in the U.K.<\/p>\n","protected":false},"author":882,"featured_media":1004134507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,16,21783,23891,21742],"tags":[],"class_list":["post-1004134504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-international","category-investment","category-national","category-latest"],"acf":[],"yoast_head":"\nColliers Grows U.S. Practice with Purchase of London Firm - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Colliers Grows U.S. Practice with Purchase of London Firm\" \/>\n<meta property=\"og:description\" content=\"Colliers International's acquisition of leading London property firm Hatton Real Estate will strengthen its investment and office agency practice in the U.K.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-11T14:54:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-06T08:13:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"144\" \/>\n\t<meta property=\"og:image:height\" content=\"144\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/\",\"name\":\"Colliers Grows U.S. Practice with Purchase of London Firm - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg\",\"datePublished\":\"2016-01-11T14:54:14+00:00\",\"dateModified\":\"2020-04-06T08:13:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg\",\"width\":144,\"height\":144,\"caption\":\"Tony Horrell\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Colliers Grows U.S. Practice with Purchase of London Firm\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Colliers Grows U.S. Practice with Purchase of London Firm - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/","og_locale":"en_US","og_type":"article","og_title":"Colliers Grows U.S. Practice with Purchase of London Firm","og_description":"Colliers International's acquisition of leading London property firm Hatton Real Estate will strengthen its investment and office agency practice in the U.K.","og_url":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-01-11T14:54:14+00:00","article_modified_time":"2020-04-06T08:13:56+00:00","og_image":[{"width":144,"height":144,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/","url":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/","name":"Colliers Grows U.S. Practice with Purchase of London Firm - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg","datePublished":"2016-01-11T14:54:14+00:00","dateModified":"2020-04-06T08:13:56+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg","width":144,"height":144,"caption":"Tony Horrell"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/colliers-grows-u-s-practice-with-purchase-of-london-office-brokerage\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Colliers Grows U.S. Practice with Purchase of London Firm"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/tony-horrell-colliers.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004134504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004134504"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004134504\/revisions"}],"predecessor-version":[{"id":1004408686,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004134504\/revisions\/1004408686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004134507"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004134504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004134504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004134504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}