Advisory firm CPP has acquired distribution and industrial specialist Moriarty & Co as it moves to strengthen its industrial and logistics platform across Yorkshire and the Midlands.
Moriarty will bring a 6m sq ft order book to CPP, comprising existing buildings and an immediate development pipeline, creating a combined platform of more than 25m sq ft.
Steve Moriarty, founder of Moriarty & Co, will become a director with a national role, working alongside CPP co-founders and directors Roger Haworth and Toby Vernon and forming part of the 20-member team.
CPP specialises in leasing, development, capital markets and property/asset management. Founded in September 2013, the team currently operates from four offices in Leeds, Sheffield, Nottingham and London. It has ambitions to expand into the North West and other regional markets.
Vernon said: “The acquisition of Moriarty & Co is the first stage of a strategic growth plan for the business to build on our solid reputation and market-leading track record and to grow the team further.”
Image from CPP. From left: Toby Vernon (director), Steve Moriarty (now director of CPP), Sean Bremner (director), Roger Haworth (director)
Send feedback to Akanksha Soni
Follow Estates Gazette
