The firm's Corporate team has advised the shareholders of leading UK real estate advisory company Harper Dennis Hobbs (HDH) on its acquisition by Newmark, one of the world's leading commercial real estate advisory firms.
Based in London and operating across Europe, HDH has established a strong reputation for providing quality and consistent independent, strategic retail advice for a wide range of blue-chip clients (including Five Guys Burgers & Fries, J. Crew, Louis Vuitton, Samsung and Tiffany & Co) over the past 26 years. HDH is one of the largest tenant-representation agencies in Europe.
HDH Chairman David Harper says: “Having founded the company, any decision to align with another firm required a cultural similarity, and business savvy for service. Newmark, as a growing enterprise, exceeded our expectation, in addition to having an impressive platform of retail clients and resources.”
Burges Salmon director Tim Roberts, who led the team advising on the transaction, comments: “We’re delighted to have worked with the shareholders of HDH to bring the sale to a successful conclusion.”