Toronto - 01 December 2014 - Commercial real estate services firm Avison Young has expanded to Germany with the opening of a new office in Frankfurt. The new office represents Avison Young's first location in Germany and continental Europe, and the firm's third office outside of North America. Over the past five-and-a-half years, Avison Young has grown from 11 to, now, 62 offices in 51 markets and from 300 to more than 1,700 real estate professionals in Canada, the U.S. and Europe.
Effective immediately, Udo Stoeckl becomes Managing Director of the Frankfurt office. He also holds the title of Principal. Stoeckl will head up the company's German operations and will work with future Principals in Germany to implement the firm's growth strategy. He will be responsible for growing a full-service commercial real estate platform in Frankfurt and assist with Avison Young's expansion across Germany through recruitment and acquisition.
"Germany represents one of the most dynamic commercial real estate markets in the world, both from a domestic and international investment perspective. Furthermore, any company that claims to be a global entity must have a significant presence in Frankfurt – and, now, with Udo on board, we do," said Mark E. Rose, Chair and CEO of Avison Young
Avison Young launched its European presence in April 2014 when the firm acquired NAI Haywards and opened new offices in London and Thames Valley.
Avison Young is a commercial real estate services firm headquartered in Toronto, Canada. Founded in 1978, the company comprises 1,700 real estate professionals in 62 offices.