Montagu Evans has recruited lease advisory specialist Jonathan Essex from Avison Young as a partner in the firm’s retail and leisure team.
Essex, who was a director at Avison Young for more than seven years, brings substantial expertise in rent reviews, lease renewals and regears acting for a wide range of institutional landlord and tenant clients in the retail and leisure sectors.
In his new role, Essex will be based at the partnership’s London office and help to grow its activity in this area as part of its commercial and agency department.
Rob Lawson, partner at Montagu Evans, said: “With the rebasing of historically high rents, and an uptick in tenant demand, we are seeing rental growth at rent review and lease renewals for retail warehousing. Client demand for specialist consultancy in this area continues to grow and Jonathan’s technical expertise, market insight and experience means we are in a stronger position to add value long-term.”
Essex added: “Montagu Evans’ collaborative approach and ability to deliver high quality cross-service advice clearly supports clients in navigating complex lease negotiations and identifying new opportunities. Joining at this exciting time for the partnership offers a great opportunity to contribute to a growing team, alongside investment and agent colleagues, as well as lease advisory specialists.”
