Who topped the charts for investment agency in 2016?
1st March 2017
There were as always some standout performance in the investment agency world in 2016 according to CoStar's investment league tables.
Full year investment figures
JLL went one better than in 2015 on the sales table, finishing top with a final figure of £7.12bn. The agent's £358.5m sale of BP’s Sunbury on Thames campus in Q3 was one of a number of standout deals. Boosted by advising on the acquisition of a 75% stake in the Edinburgh St James Centre development.
Savills finished the year on top for acquisitions. CBRE finished second for sales and third for acquisitions, while Cushman & Wakefield (at the end of its first full year following its merger with DTZ) completed the top three on both tables by finishing third and second for sales and acquisitions, respectively.
Eastdil Secured topped the 2016 annual sales table for the second year in a row, advising on close to £2bn worth of disposals, including two £500m-plus trades. HP Four (which did not feature on the 2015 table) topped the acquisitions table this year with a final figure of £820m, helped by its £410m purchase of a 50% stake in Merry Hill Shopping Centre on behalf of Intu. Michael Elliott improved its position on both tables this year finishing second on both. Tudor Toone and Dowley Turner Real Estate completed the top three on the vendor and purchaser side, respectively.
Q4 figures JLL topped the sales table with a total of £2.78bn, which included the £350m disposal of the Alecta portfolio.Buoyed by the sale of 73/89 Oxford Street, W1, CBRE finished second with sales totalling £2.05bn. Cushman & Wakefield completed the top three on the vendor side while also finishing second on the acquisition table.Standout deals included the sale of a 75% stake in the Edinburgh St James Centre development and the £500m acquisition of the NCP car park portfolio on behalf of Davidson Kempner. Savills was the number one purchaser agent in Q4 after completing £2.02bn worth of acquisitions, the largest of which was the Edinburgh St James deal.
Single Branch Agents
Eastdil Secured’s sale of the Hilton Tower of London hotel helped see it to the top of the single branch sales table with a final figure of £860m. A strong performance by Michael Elliott saw it finish second on the sales table and go one better on the acquisitions side. Standout deals for the agent included the £198m sale of 440 Strand on behalf of TH Real Estate and the £229.6m purchase of 120 Holborn. Farmer Capital completed the top three with £230m worth of disposals. Lunson Mitchenall and Harper Dennis Hobbs finished second and third respectively for acquisitions. Edinburgh St James deal.