Financial consulting arm launched by GVA Grimley
COMMERCIAL property consultancy GVA Grimley has unveiled a new specialist advisory team designed to boost the company’s services.
GVA Grimley Financial Consulting aims to strengthen the firm’s standing as a market leading advisor on strategy, efficiency and delivery to both the public and private sectors.
Dale Robinson, associate at Leeds-based GVA Grimley, said: “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.
“In light of recent Government spending cuts and the impact this has had on the public sector, the appetite to develop regeneration schemes – especially in the north – is going to be distinctively soured.
“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. The public sector will also take a more pro-active role in development and regeneration as they seek to enhance their property values and maximise profit potential.
“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. As such the make-up of property consultancy has to react and evolve with the market to maintain approaches that are tailored and ultimately workable.”
GVA Grimley Financial Consulting has been created via the appointment of specialist financial advisors.
The team will offer a range of financial advisory services including capital funding and accounting advice; establishment of Asset Backed Vehicles and Joint Ventures; debt and equity funding; and financial modelling.
