Avison Young adds new offices in Czech Republic, Bulgaria

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Avison Young announced two new strategic affiliations that expand the firm's service delivery to clients further across Central and Eastern Europe (CEE) with the addition of a newly established venture in the Czech Republic and Slavtchev Consulting in Bulgaria. Both will operate under the Avison Young brand and deliver integrated services to local and multinational clients, according to a report by the Warsaw Business Journal.

"We are focused on expanding where our clients need us to be and where top talent exists. We're particularly excited about the CEE region where investment opportunities are plentiful and great tech minds are thriving," Mark Rose, chair and CEO of Avison Young said.

"The teams in the Czech Republic and Bulgaria are not only a great cultural fit for our collaborative, people-first firm, but the diversity of perspective and experience they bring to the organization will help us continue to drive value for our clients as we leverage data and technology for real estate decision-making," he added.

The affiliations build on the recent strategic affiliation with real estate advisory and asset management group Limehouse, which now operates its advisory services in Hungary as Avison Young. This strengthens the firm's presence in CEE and grows its service platform across Europe, which also includes operations in the U.K., Ireland, Germany, Poland, Romania, and Israel.

"I am very happy with the pace at which Avison Young is expanding in the CEE. Along with my colleagues from other countries of the region, as well as Germany and Great Britain we make a strong team of market experts, sharing the knowledge and supporting each other in our activities. I am also very pleased with the growth of our team in Poland. This is the best confirmation of trust placed in us by our clients, the number of which is constantly growing," Michal Cwiklinski, principal, managing director of Avison Young in Poland, commented.

"Building our capability in CEE is a key component of our European expansion plans; we are gradually expanding our geographical footprint across Europe and we expect further announcements will follow," Gerry Hughes, principal and president of Avison Young Europe added.

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