Avison-Young links with Budapest firm for wider CEE coverage

(L to R) Célestin Huot-Marchand, Benjamin Perez-Ellischewitz and Jake Lodge.

Canada-headquartered property consultant Avison Young has formed a strategic affiliation with real estate advisory and asset management group Limehouse in Hungary.

Limehouse, until recently known as Lodge & Partners Investment Management, will now operate its advisory services in Hungary under the Avison Young brand, while carrying-on its asset management activity in parallel as Limehouse Partners.

Based in Budapest, Limehouse manages the assets of international institutional investors into the CEE market and recently expanded its service portfolio to include capital markets, property and project management.

“The addition of Limehouse’s advisory know-how to Avison Young builds on our continuing expansion across Europe where we see opportunities for growth as we focus on innovation, technology and leveraging the value of property for our clients,” said Avison Young chairman and CEO Mark E Rose.

“Adding breadth and depth to our global platform fuels the collective intelligence that helps occupiers and investors achieve economic, social and environmental outcomes.”

Limehouse is the successor of Lodge and Partners, formed in 2016 by founding partners Jake Lodge and Célestin Huot-Marchand. They were joined at the end of 2020 by capital markets expert Benjamin Perez-Ellischewitz from JLL.