Thames Valley and airports specialist Rogers Chapman (RC) has this week signed a joint venture agreement with US corporate property adviser Equis.
Chicago-based Equis has been searching for a UK partner for the past 18 months and had preliminary discussions before settling on Rogers Chapman. The company now joins the growing ranks of UK property advisers linking up with US consultancies.
Laurence Johnstone, managing director for RC, said: “Both sides are getting something significant. It will give us muscle and a hook into the US.”
Martin Woodrow, executive vice-president of Equis, said: “This partnership gives Equis a spearhead into European real estate.”
Half of RC’s £4.7m annual turnover comes from consultancy and project management from a number of multinationals, such as Energis, Allied Domecq and British Airways.
EGi News 27/04/01
