Savills has expanded its lease consultancy team with the appointment of Nick Smith who joins as a director at the firm’s Margaret Street head office in London.
Nick has more than 26 years’ experience in the central London office sector specialising in lease advisory matters, including rent reviews, lease renewals, surrender negotiations, strategic consultancy and portfolio management. He joins Savills from JLL where he was Head of West End lease advisory for 11 years and worked on a number of high profile transactions in conjunction with being an arbitrator on the RICS panel. Prior to JLL Nick headed the West End lease consultancy business at King Sturge.
At Savills Nick will work closely with the lease consultancy, agency and investment teams in both the West End and City office markets focusing on new business opportunities and strengthening relationships with existing clients.
Nick Smith comments: “I am excited to be joining the market leading lease consultancy team at Savills. This is an interesting time for the real estate sector, which will see occupiers and investors closely scrutinising liabilities and returns. Savills is a global company I admire and I am looking forward to working with my new colleagues and other market specialists across the business to provide top quality, best in class advice to clients.”
Nick Taylor, head of lease consultancy, adds: “We are delighted to welcome Nick to the team. He is highly regarded across the central London office market, with considerable experience, knowledge, and expertise, as well as a strong client following. Nick’s arrival will undoubtedly complement our existing lease consultancy business and further strengthen our capability.”