Property consultants unveil new advisory team
PROPERTY consultancy GVA Grimley has unveiled a new specialist advisory team.
Called GVA Grimley Financial Consulting Limited, its aim is to galvanise the company’s consultancy offering and has been created following the appointment of specialist financial advisors.
The team will provide financial input to the firm’s advice, helping clients achieve objectives such as improving operational efficiency, making the best use of assets and maximising value.
The team are specialist advisors on asset-backed vehicles and all forms of joint ventures.
Director Andrew Screen, who will lead GVA Financial Consulting, said: “We see this as a huge opportunity for us to be part of one of the leading advisors in the market place.
“We are now able to combine our financial skills with leading experts in regeneration, development, planning and the wider real estate market.
“The market for consulting skills is in the greatest state of flux for over a decade.
“This is due to the recession and resulting market conditions; lack of bank debt funding; the extent of public debt and the needs for public sector cuts and efficiencies.
“The public sector will be seeking to make better use of their assets and seek alternative and innovative funding methods to fund development and regeneration projects.
“We have also seen an increase in multi-asset, long-term joint ventures and sale and leaseback transactions and anticipate that this will increase in the future.”
Gerry Hughes, GVA executive director who will lead the consultancy and delivery business, added: “As a company we are focusing on providing the services that our clients need and want.
“This is a direct response to a shift in market conditions in which, as a result, the emphasis is increasingly on delivery and value for money.
“We can now present a truly holistic advisory service to our public and private sector land owning clients, merging regeneration, development, economics, project management, planning and financial services, as well as providing access to a whole suite of wider real estate services.”
GVA’s new consulting team (from left): Principle consultant Paul McGuiness, principal analyst Lee Dransfield, director Andrew Screen, head of GVA Grimley Financial Consulting Chris Shepherd and director Andy Pack.
