Investment Review Q4 2014 Investment Agents League Tables Q4 and 2014 1
CoStar Group Q4 2014 Investment Agents League Tables Investment Agents - Vendor Investment Agents - Acquisition Q4 2014 (Q3 2014) Vendor Agent Value m Q4 2014 (Q3 2014) Acquisition Agent Value m 1 (2) JLL 5,519 2 (1) CBRE 2,538 3 (10) GM Real Estate 1,848 4 (3) Savills 1,595 5 (5) Knight Frank 1,142 6 (-) Deloitte Real Estate 929 7 (12) Colliers International 854 8 (4) DTZ 818 9 (7) Cushman & Wakefield 603 10 (-) GVA 518 11 (-) Allsop 481 12 (11) Strutt & Parker 381 13 (-) BNP Paribas Real Estate UK 379 14 (-) Coady Supple 312 15 (6) Eastdil Secured 265 1 (1) CBRE 2,261 2 (-) Strutt & Parker 1,812 3 (2) JLL 1,665 4 (3) Savills 1,346 5 (8) Cushman & Wakefield 1,346 6 (-) GM Real Estate 810 7 (6) Knight Frank 796 8 (4) Colliers International 728 9 (14) DTZ 482 10 (7) GVA 430 11 (5) BNP Paribas Real Estate UK 408 12 (-) GCW 406 13 (-) Lewis Ellis 319 14 (10) Lunson Mitchenall 269 15 (-) Tudor Toone 239 The final quarter of 2014 saw agents book a remarkable set of fees as a flurry of deals got over the line. JLL s sales figures were sensational by any measure with 5.5bn of its 10bn of sales through the year booked in the final quarter, a key factor in its success in toppling CBRE and Savills as top sales agent in 2014. Its work alongside GM Real Estate advising the National Pension Service of Korea on its sale of the HSBC Tower in Canary Wharf for 1.2bn clearly helped. 100% of 2014 s top 15 Vendor and Acquisition agents subscribe to Propex. 100% of Q4 s top 15 Acquisition agents subscribe to Propex and 70% of Vendors. 85% of 2014 s top 15 Single Branch Acquisition agents subscribe to Propex. 4
Investment Review Q4 2014 Q4 2014 Single Branch League Tables Single Branch Agents - Vendor Single Branch Agents - Acquisition Q4 2014 (Q3 2014) Vendor Agent Value m Q4 2014 (Q3 2014) Acquisition Agent Value m 1 (4) GM Real Estate 1,848 2 (-) Coady Supple 312 3 (1) Eastdil Secured 265 4 (7) Tudor Toone 256 5 (8) Dowley Turner Real Estate 256 6 (5) Michael Elliott 193 7 (-) Doherty Baines 133 8 (3) Morgan Williams 128 9 (2) Capital Real Estate Partners 118 10 (-) Hanover Green 95 11 (-) Lewis Ellis 87 12 (-) Kingly Partners 85 13 (6) Lewis & Partners 70 14 (-) CBGA 62 15 (-) Harvey Spack Field 61 1 (-) GM Real Estate 810 2 (-) GCW 406 3 (-) Lewis Ellis 319 4 (2) Lunson Mitchenall 269 5 (6) Tudor Toone 239 6 (4) Dowley Turner Real Estate 205 7 (-) Doherty Baines 168 8 (10) Morgan Williams 125 9 (9) Hanover Green 103 10 (-) Gerard Nolan & Partners 100 11 (14) Farmer Capital 90 12 (-) Cortex Partners 79 13 (-) Farebrother 69 14 (-) CWM 54 15 (-) Burlington Partners 54 The sale of HSBC Tower was a key factor in GM Real Estate s remarkable Q4 for sales advisory work. It completed 1.8bn of sales to take top spot. Coady Supple in second place had a terrific quarter too, advising on 312m of sales, helped in part by its work for Rockspring in selling the Tiger portfolio alongside Eastdil Secured (another great performer in 2014). In terms of acquisitions, the niche retail agents took advantage of a rebound in retail investment to really stand out in Q4, with GCW, Lewis Ellis and Lunson Mitchenall taking second, third and fourth spot, respectively. To find out more about CoStar Propex visit www.costar.co.uk/products/propex 5
CoStar Group 2014 Annual Investment Agents League Tables Investment Agents - Vendor Investment Agents - Acquisition 2014 (2013) Vendor Agent Value m 2014 (2013) Acquisition Agent Value m 1 (2) JLL 10,000 2 (1) CBRE 8,925 3 (3) Savills 8,543 4 (-) GM Real Estate 3,675 5 (6) Knight Frank 3,333 6 (7) DTZ 2,850 7 (-) Capital Real Estate Partners 2,328 8 (10) Colliers International 2,242 9 (4) Cushman & Wakefield 2,231 10 (-) Deloitte Real Estate 1,320 11 (5) Eastdil Secured 1,275 12 (8) Strutt & Parker 1,131 13 (-) GVA 1,083 14 (15) Allsop 961 15 (12) BNP Paribas Real Estate UK 790 1 (1) CBRE 6,349 2 (2) Savills 5,261 3 (3) JLL 4,739 4 (8) DTZ 3,263 5 (6) Cushman & Wakefield 3,157 6 (7) Knight Frank 2,731 7 (4) Strutt & Parker 2,288 8 (5) Colliers International 2,252 9 (10) BNP Paribas Real Estate UK 1,529 10 (9) GM Real Estate 1,417 11 (-) Lunson Mitchenall 1,169 12 (-) GVA 1,040 13 (-) HP Four 868 14 (-) Montagu Evans 757 15 (15) Tudor Toone 752 Unsurprisingly it was a terrific year of business for the big agency players in capital markets during 2014, as they revelled in an historic year for investment. JLL and CBRE swapped places from the previous year in terms of sales, with an incredible final quarter enabling JLL to secure top spot via a staggering 10bn of deals advised on. A special mention has to go to Central London single office agency superstar GM Real Estate, which advised on 3.7bn of sales to take fourth spot. In acquisitions, CBRE retained top spot with DTZ the most notable riser, moving up four places from 2013 to take fourth spot. 100% of 2014 s top 15 Vendor and Acquisition agents subscribe to Propex. 100% of Q4 s top 15 Acquisition agents subscribe to Propex and 70% of Vendors. 85% of 2014 s top 15 Single Branch Acquisition agents subscribe to Propex. 6
Investment Review Q4 2014 2014 Annual Single Branch League Tables: Single Branch Agents - Vendor Single Branch Agents - Acquisition 2014 (2013) Vendor Agent Value m 2014 (2013) Acquisition Agent Value m 1 (5) GM Real Estate 3,675 2 (7) Capital Real Estate Partners 2,328 3 (-) Eastdil Secured 1,275 4 (1) Morgan Williams 773 5 (6) Dowley Turner Real Estate 582 6 (2) Tudor Toone 572 7 (3) Michael Elliott 519 8 (-) Doherty Baines 384 9 (8) Coady Supple 359 10 (-) Lewis & Partners 317 11 (-) Whitmarsh Holt Young 248 12 (-) Jones Realty 243 13 (-) Ingleby Trice 228 14 (-) Lewis Ellis 197 15 (-) GCW 166 1 (1) GM Real Estate 1,417 2 (-) Lunson Mitchenall 1,169 3 (9) HP Four 868 4 (4) Tudor Toone 752 5 (2) Dowley Turner Real Estate 702 6 (13) Lewis Ellis 537 7 (6) Michael Elliott 531 8 (-) Wilkinson Williams 486 9 (-) GCW 408 10 (3) Morgan Williams 407 11 (-) Harvey Spack Field 378 12 (-) Farmer Capital 342 13 (-) Hanover Green 338 14 (-) Harper Dennis Hobbs 300 15 (-) Doherty Baines 260 For single branch sales and acquisitions there were some remarkable figures achieved. GM Real Estate did the most business in both areas, chalking up 3.7bn in sales and 1.4bn in acquisitions. The substantial advisory work carried out by such niche stars as Lunson Mitchenall, Morgan Williams, Dowley Turner Real Estate, Tudor Toone and Michael Elliott was testament to the impact smaller firms with great knowledge and acumen continue to have. To find out more about CoStar Propex visit www.costar.co.uk/products/propex 7
CoStar Group What Makes CoStar Different? We speak to: 8,315 UK agents 818 multi branch 3,066 single branch Our Methodology These league tables are based on the analysis of 3,885 UK investment deals in 2014, the largest pool analysed by any information provider. CoStar can achieve this level of comprehensiveness by employing the UK s largest CRE research team. Over 120 qualified researchers regularly contact agents, investors and owners across the UK, making over 125,000 calls per year to verify the information. Once verified, our data is available to clients via our flagship product CoStar Suite - providing access to building and deal information, market analytics and news. Our quarterly investment analysis gives clients the most accurate picture of investment activity and the forces that drive supply and demand. 8
Investment Review Q4 2014 Data, Analytics and News Have Come Together Access a unique combination of Data, Analytics and News, offering the most comprehensive macro-to-micro explanation of the latest trends in the UK property market. CoStar s proprietary data is sourced directly from UK property agents, investors and other involved parties to accurately reflect the transactional market in real time. Typically 850+ investment deals are recorded each quarter, more than any other data source. The Analytics team then overlays top-down analysis of the UK market on this unique dataset, breaking down investment trends by sector, sub-sector, geography, lot size, investor type, and yield. Finally the News team adds perspective to the analysis by providing timely industry and market updates. Submit Your Deals To ensure you are accurately represented contact our researchers by calling 0141 354 0600 or email investmentdeals@costar.co.uk 9
Get in Touch with CoStar CoStar Group (Nasdaq: CSGP) is the leading provider of commercial real estate information, analytic and marketing services. Founded in 1987, CoStar conducts expansive on-going research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyse, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. CoStar maintains offices throughout the U.S. and in Europe with a staff of approximately 2,000 worldwide, including the industry s largest professional research organisation. CoStar Suite sales@costar.co.uk www.costar.co.uk London 020 3205 4500 Glasgow 0141 354 0600 Manchester 0161 971 2120 Interested in sponsoring future publications? Contact Richard Goff on 020 3205 4675