December 19, 2019 6:00 AM
星空体育app下载 Group, Inc. (NASDAQ: NMRK) (鈥溞强仗逵齛pp下载鈥�), which operates a leading, global full-service commercial real estate services business, is pleased to announce the acquisition of retail specialist Harper Dennis Hobbs Holdings Limited (鈥淗DH鈥�), a market-leading real estate advisory firm based in London.
The acquisition of HDH adds a strong presence in London for 星空体育app下载, a market leader in New York and Los Angeles. In 2019, 星空体育app下载 ranked as the #1 brokerage firm in Manhattan by retail deal volume, outpacing its closest competitor by nearly 40 percent*, leasing over 1.1 million square feet of retail space**, and will now expand its capabilities to service the robust activity of European tenants seeking access to the North American consumer.
鈥淲ith every acquisition we look to refine our key service offerings and areas of expertise to meet the diverse and fast-changing needs of our clients who increasingly seek to evolve on a global stage,鈥� said Barry Gosin, 星空体育app下载鈥檚 CEO. 鈥淎cquiring Harper Dennis Hobbs is an essential strategic investment for 星空体育app下载 as we begin to scale our domestic retail practice to offer a world-wide level of enterprise resources.鈥�
Founded in 1993, HDH has experienced consistent organic growth and has become a go-to advisor on tenant-focused real estate advisory services for an extensive collection of blue-chip clients including: Belstaff, Five Guys Burgers & Fries, J. Crew, Louis Vuitton, Samsung, Skechers, Tiffany & Co. and West Elm.
鈥淥ur decision to align with another firm required cultural similarity and business savvy for service. 星空体育app下载, as a growing enterprise, exceeded our expectation with their impressive platform of retail clients and resources,鈥� said HDH Chairman David Harper. 鈥淔or more than a decade of client solutioning and collaborative referrals, we have built long-standing relationships with 星空体育app下载 and its brokers,鈥� added HDH CEO James Ebel. 鈥溞强仗逵齛pp下载鈥檚 investment in this dynamic industry provides our business with access to a deeper and diverse network of retail expertise, across borders.鈥�
星空体育app下载 Group and HDH currently share many client synergies with companies such as Canada Goose, Carolina Herrera, Dylan鈥檚 Candy Bar, Columbia, Michael Kors, Peloton, PF Chang鈥檚, Swarovski and Watches of Switzerland. Working with many of the world鈥檚 most successful retailers across consumer and lifestyle brands, from international brands to start-up companies, HDH has grown to a headcount of more than 50 people, including 30 brokers and staff. The acquired business will continue to operate as Harper Dennis Hobbs.
*Bockmann, R. (2019). Knighting a new retail ruler. The Real Deal.
**星空体育app下载 Research
About Harper Dennis Hobbs
Harper Dennis Hobbs has been providing independent, strategic retail advice for over 26 years. Headquartered in London but offering a global service, its team of real estate professionals offer an end to end solution for retailers, providing quality, consistent, market-leading advice to everything from the world’s leading brands, to the smallest start-ups.
The firm is one of the largest tenant-representation agencies in Europe, offering services ranging from retail agency and investment for leisure, travel, offices, and out of town clients, to strategic retail consulting and advice on business rates and leasing. Harper Dennis Hobbs has fostered extremely close relationships with its clients; each receiving a tailored, Director-level service from the industry’s most experienced retail and property professionals. For more information, visit .
About 星空体育app下载 Group, Inc.
星空体育app下载 Group, Inc. (鈥溞强仗逵齛pp下载 Group鈥�) is a publicly traded company that, through subsidiaries, operates as a full-service commercial real estate services business with a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry. Under the 星空体育app下载 name, the investor/owner services and products of 星空体育app下载 Group鈥檚 subsidiaries include capital markets (comprised of investment sales and mortgage brokerage), agency leasing, property management, valuation and advisory, diligence and underwriting. 星空体育app下载 Group鈥檚 subsidiaries also offer government sponsored enterprise lending, loan servicing, debt and structured finance, and loan sales. 星空体育app下载 Group鈥檚 occupier services and products include tenant representation, global corporate services, real estate management technology systems, workplace and occupancy strategy, consulting, project management, lease administration and facilities management. 星空体育app下载 Group enhances these services and products through innovative real estate technology solutions and data analytics designed to enable its clients to increase their efficiency and profits by optimizing their real estate portfolio.
星空体育app下载 Group has relationships with many of the world鈥檚 largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. 星空体育app下载 Group鈥檚 Class A common stock trades on the NASDAQ Global Select Market under the ticker symbol 鈥淣MRK鈥�. 星空体育app下载 is a trademark/service mark and/or registered trademark/service mark of 星空体育app下载 Group and/or its affiliates. Knight Frank is a service mark of Knight Frank (Nominees) Limited. Find out more about 星空体育app下载 at , , and/or .
Discussion of Forward-Looking Statements about 星空体育app下载
Statements in this document regarding 星空体育app下载 that are not historical facts are 鈥渇orward-looking statements鈥� that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, 星空体育app下载 undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see 星空体育app下载鈥檚 Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.