Cushman & Wakefield has recruited two specialists as it expands its Receivership and Recovery Solutions team.
Jemma McAndrew and David Eden have joined Cushman & Wakefield as Partners from JLL. They will be based in the firm’s Portman Square office in London as part of its 230-strong UK Valuation & Advisory team but will work across all sectors.
McAndrew has more than 20 years’ experience advising on and implementing strategies to deal with stressed/distressed property loans on behalf of banks and other lending institutions covering individual assets and portfolios across all sectors. A retail property and shopping centre specialist, she spent nearly 10 years at JLL and previously worked at DTZ, which merged with Cushman & Wakefield in 2015.
Eden has over 10 years’ experience, first with Deloitte Real Estate and then at JLL where he had a pan-EMEA role dealing with non and sub-performing debt attached to stressed/distressed property as well as connected insolvency situations.
Both are appointment taking, qualified property receivers and the pair will work closely with Richard Murphy who leads the firm’s Cardiff team.
Karen Clements, Managing Director of Cushman & Wakefield’s UK Valuation & Advisory team, said: “Receivership and recovery work is highly specialised and requires high-calibre advisors who are adept at maximising value from often complex situations. The expertise and insight that Jemma and David bring will be a significant benefit to our clients and our business.”
Jemma McAndrew, Partner, said: “I am excited to be joining the Valuation & Advisory team and bringing the depth of Cushman & Wakefield’s expertise to our clients across all property sectors. Cushman & Wakefield’s breadth and scale will be vital in enabling us to assist clients in resolving the challenges they face with distressed property throughout the UK and beyond.”
David Eden, Partner, said: “I look forward to working with my new Cushman & Wakefield colleagues across service lines to continue to advise and assist clients with their workout and recovery challenges.”