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US property advisory firm HFF expects to create a UK-based operation by acquiring Leon Partners Limited, an independent London real estate advisory firm. The transaction is subject to regulatory approvals and is expected to close in early 2017. The opening of the London office will represent HFF’s 24th office location and the first outside of the US.
Leon Partners founders David Church and Raj Somchand will join HFF along with a team of four associates.
HFF’s London office is expected to offer a full spectrum of commercial real estate capital markets transaction services in the U.K., including investment banking/corporate finance, investment transactions, and debt and equity placement.
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