News / Curson Sowerby and Staunton Whiteman combine forces to offer out-of-town powerhouse

20th May 2016, London:

 

Curson Sowerby Partners LLP (“Curson Sowerby”) and Staunton Whiteman, announce the formation of a strategic alliance to become a leading integrated property advisory firm in the out-of-town retail sector. The new entity will combine Curson Sowerby’s controlling position in the agency sector, with Staunton Whiteman’s many years of experience advising on commercial property investments, the partners having advised on in excess of half a billion of transactions over the last year.

 

The strategic alliance marks a long term commitment from both companies to collaborate on an exclusive basis with a view to integrating their complementary skills with their overlapping client base. In this new alliance, the combined management teams will work closely to deliver a more cohesive set of advisory services across agency, asset management and investment.

 

Curson Sowerby and Staunton Whiteman have already advised together on £204 million of transactions in the past two years. The most notable collaborations include: Drakehouse Retail Park in Sheffield (£61.7m transaction value), Maskew Retail Park in Peterborough (£37m), West One Retail Park in Eccles (£17.75m) and most recently at the end of last year, Stour Retail Park in Canterbury (£23.8m).

 

Commenting on the deal, James Curson of Curson Sowerby said: “The two firms have leading track records in the out-of-town retail sector; we have similar approaches in how we work and we also have a number of clients in common. Over the past couple of years, the two companies have worked together and shared success on numerous deals. Increasingly it felt like we should formalise the relationship to further enhance our respective service offerings to existing clients, and also to capitalise on new opportunities.”

 

Hamish Whiteman of Staunton Whiteman added:

“The market is increasingly demanding a more integrated set of services that can identify and deliver investment opportunities, and then add further value by delivering asset management plans through agency deals. This new strategic alliance is an exciting opportunity for the two companies to combine forces and build a business that can deliver against the changing demands of the market over the long term.”

 

Staunton Whiteman

Founded by Nicholas Staunton and Hamish Whiteman, Staunton Whiteman advises on commercial property investment including acquisitions, disposals, development fundings and portfolio transactions. The firm specialises in the out-of-town retail and leisure sectors.

Staunton Whiteman is one of the UK’s market-leading niche investment agency firms in the out-of-town retail sector and advises UK institutions, property companies and overseas investors. Current clients include The Crown Estate, Aberdeen, Standard Life, Rockspring, Credit Suisse, Schroders, Frogmore and Ediston.

The firm has a reputation for providing expert advice in its field and is retained on some of the highest profile transactions in the UK market. Over the past 10 years the partners have advised on over £3 billion of property transactions.

 

www.stauntonwhiteman.co.uk