Savills snaps up Thomas Davidson & Partners
Published: 31 January, 2011
Savills has bought specialist London retail agency Thomas Davidson & Partners
Thomas Davidson & Partners has been established for 20 years and employs 16 staff. Clients include Shaftesbury, Aviva, Derwent London, Grosvenor Estate, ING Real Estate, Land Securities, Scottish Widows, HMV, Itsu, Pret à Manger and Waterstones.
Most recently, Thomas Davidson & Partners has concluded a number of high profile deals on Oxford Street and Bond Street including the 140,000sq ft letting to Primark, Disney’s relocation to larger premises on Oxford Street, the sale of HMV’s lease for £13.75m and lettings to Chanel, Mulberry and Coach. Thomas Davidson & Partners’ profile extends throughout the West End focusing on prime locations, most notably acting for Shaftesbury Estate on its Carnaby and Covent Garden Estates including the final phase of the St Martins Courtyard lettings.
Chris Blair, head of UK retail at Savills, comments: “London retail markets have seen low vacancy rates and strong rental growth with many record prices paid. With this outperformance likely to continue, it is an area that will remain hugely popular both with international retailers and investors. Thomas Davidson & Partners’ specialist expertise and knowledge will be a great addition to our armoury and will blend extremely well with our existing retail team to the benefit of their clients as well as ours.”
