Lambert Smith Hampton has announced the acquisition of leading retail property consultant Tushingham Moore.
Tushingham Moore is an established practice which represents a range of retailers, developers, institutions and private investors throughout the UK, including over 50 shopping centres and a large number of high street retailers.
Tushingham Moore’s Senior Partner, David Moore – who will serve as head of Lambert Smith Hampton’s North West region – said: “Tushingham Moore has been approached by potential buyers many times in its 27 year history, but none of the suitors offered the right opportunity for the business – until now.
“Despite being of the country’s largest consultancies, Lambert Smith Hampton has a strong entrepreneurial culture and I look forward to being part of a business with such a clear vision and enterprising spirit”.
Lambert Smith Hampton’s CEO, Ezra Nahome, commented: “Bringing Tushingham Moore into the Lambert Smith Hampton fold accelerates our plans to create a best-in-class retail team on a national basis, and builds on the successful acquisition of BTWShiells last year. It further complements the expertise we gained when we brought on board ES Group last month.
“We are on a mission to build the nation’s most progressive commercial property agency, and are investing in areas where we believe we can add the most value for clients. Becoming a major force in retail fits that strategy perfectly.”