Real estate company CBRE announced they would acquire Oxfordshire Property Agency VSL.
CBRE, a commercial real estate agency based in Kidlington, announced in a press release their acquisition of VSL and Partners Limited (VSL).
Oxford-based independent property consultants VSL specialise in providing landlords with a range of different and bespoke services and have plenty of experience in dealing with Office and Industrial & Logistics property types.
VSL is one of many companies acquired by the real estate company over the recent years.
Ciaran Bird, Divisional President, Advisory Services, UK & Ireland, said: “The acquisition of VSL is part of our strategy to grow our capabilities in the CaMKOx region, encompassing Oxford.
“This is a highly significant market, centred in one of the fastest-growing economies in the UK, that is seeing increased demand from tech and life sciences occupiers, as well as significant real estate development opportunities.”
VSL, now referred to as VSL and Partners, is slowly being integrated into the CBRE’s UK Advisory business and they are to report to CBRE’s UK Markets COO and MD of CaMKOx (Cambridge, Milton Keynes and Oxford), Ross Howard.
VSL’s Director, Tom Barton, said: “CBRE is a world-class real estate advisor and we are truly excited about the opportunities to join forces with them. We look forward to working collaboratively with CBRE to serve clients and grow our business in CaMKOx and beyond.”
Richard Venables, VSL Director, also commented: “Our team’s detailed market knowledge, combined with CBRE’s national and international resources, will allow us to offer an even more extensive service to our established client base and new customers.”