Avison Young has hired Gerald Eve partner Ian Gascoigne to lead its industrial lease consultancy function.
Gascoigne’s clients include Prologis UK, Aberdeen Standard Investments, Aviva Investors and CCLA among others.
Gascoigne worked at Gerald Eve for four years, where he led the Birmingham logistics and industrial leasing team.
Before that, he was at CBRE for 15 years, latterly as a director for four years
In his new role, Gascoigne will continue to focus on mid- and big-box rent reviews, lease renewals, lease re-gears and acting as an expert witness, as well as providing holistic capital markets and agency advice.
Gascoigne said: “We have an incredibly dynamic and fast paced industrial and logistics market, which shows every sign of continuing for the foreseeable future. This is leading to not only significant headline rental growth, but also to substantial growth in rents at rent review and lease renewal.”
He added: “Leases continue to hold unintended complexities for either party and our team is here to ensure that the best possible outcomes are achieved. I also look forward to exploring how evolving trends in the market, particularly around ESG, can yield significant improvements in lease terms, rental and returns outcomes, as well as CSR reporting gains for our investor and occupier clients.”
Robert Rae, principal and managing director, industrial, at Avison Young, said: “Ian’s expertise in the sector will further enhance our rounded perspective of the issues involved in leasing industrial property, allowing us to provide comprehensive advice, grounded in commercial reality.”
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