CRE investment agency league tables Investment league tables for 2020 plus key deals. CRE investment agency league tables 2 The figures in this report are based entirely on deals reported as comparables on CoStar’s website, consisting of UK commercial property sales and acquisitions that have completed (not exchanged/under offer) during the relevant quarterly/annual period. The deal data is collated by our dedicated investment researchers who endeavour to speak to all investment agents, investors, and other involved parties ensuring the widest possible engagement and most representative figures. The figures exclude all wholly confidential deals, debt transactions, refinancing, auction deals and business acquisitions. All deals submitted are added to the CoStar database for clients to view at a granular level and run powerful, real-time analytics on, with the exception of any confidential deals submitted for reference purposes. With over 100 dedicated researchers, the unrivalled size of CoStar’s research operation means that we have the ability to collect more deal data than any other UK commercial property information provider. Every effort has been made to ensure the accuracy of the information held within this report. The publisher cannot accept liability for any loss/damage that may arise as a result of any error or omission of any data. Any data reproduced from this analysis must be accredited to CoStar. CRE investment agency league tables 3 Q4 2020 league tables: Investment agencies CBRE, JLL, Eastdil Secured and Cushman & Wakefield were the most active Eastdil Secured took second spot for sales after advising Stanhope/Mitsui investment agents in the fourth quarter of last year, according to CoStar’s Fudosan and AIMCo on the sale of the White City Place to Cadillac Fairview Q4 2020 national investment agency league tables. for £760m. Meanwhile, Cushman & Wakefield secured second place for acquisitions after representing the buyer in the deal. CBRE and JLL were the standout performers after advising on almost £2.5bn worth of transactions each, including the largest office deal of 2020. That JLL’s advice to BP on the £250m sale of 1 St James’ Square to Hong Kong- was Landsec’s sale of 1 & 2 New Ludgate to Singaporean investor Sun Venture based Lifestyle International Holdings saw it place third for sales. On the for £552m, with CBRE acting for the seller and JLL representing the buyer. acquisitions side, DTRE’s third position followed its representation of AIMCo and Canmoor in the £260m purchase of the Marlin Portfolio. Investment agencies - sales Investment agencies - acquisitions Rank Rank Q-on-Q Q-on-Q Q4 2020 Vendor agency Value £m Q4 2020 Vendor agency Value £m change change (Q3 2020) (Q3 2020) 1 (5) CBRE 2,425 1 (6) JLL 2,429 2 (-) Eastdil Secured 1,291 2 (1) Cushman & Wakefield 1,304 3 (7) JLL 1,096 3 (4) DTRE 970 4 (2) Savills 917 4 (9) CBRE 934 5 (4) DTRE 822 5 (5) Savills 755 6 (1) Knight Frank 738 6 (3) Knight Frank 583 7 (-) BH2 638 7 (-) Lewis Ellis 461 8 (8) ACRE Capital Real Estate 585 8 (-) M1 Agency 479 9 (3) Cushman & Wakefield 384 9 (-) Montagu Evans 394 10 (-) Gerald Eve 371 10 (10) ACRE Capital Real Estate 307 11 (12) Allsop 359 11 (-) Allsop 290 12 (-) James Andrew International 335 12 (13) TT&G Partners 245 13 (-) TT&G Partners 245 13 (-) Estate Office Investments 195 14 (-) Harris Associates 236 14 (2) Gerald Eve 172 15 (-) Prime+ 202 15 (-) Bray Fox Smith 120 Source: CoStar Group CRE investment agency league tables 4 Q4 2020 league tables: Single branch agencies DTRE again topped the sales and acquisition tables for single branch £330m forward-funding of Jaguar Land Rover’s 2.9m-sq-ft global parts agencies after advising on £1.8bn worth of transactions. Notable deals that hub in Leicestershire pushed the firm into second place for single branch contributed to the top rankings include the disposal of the Platform Portfolio acquisitions. for £473m, on behalf of Prologis, and its advice on the acquisition of the Marlin Portfolio for £260m. ACRE Capital Real Estate’s third place ranking in the single branch sales table followed its representation of Starwood Capital and Barings in the £260m BH2 ranked second in the single branch sales table after representing disposal of the Marlin Portfolio. Lewis Ellis placed third in the acquisitions Brookfield in the disposal of 1 London Wall Place to AGC Equity Partners table following its advice to Eskmuir Properties on the £45m purchase of the for £480m. Meanwhile, M1 Agency’s role as acquiring agents in ICG’s Lunar Portfolio, a collection multi-let industrial assets, from Legal & General. Single branch agencies - sales Single branch agencies - acquisitions Rank Rank Q-on-Q Q-on-Q Q3 2020 Vendor agency Value £m Q4 2020 Vendor agency Value £m change change (Q2 2020) (Q3 2020) 1 (1) DTRE 822 1 (1) DTRE 970 2 (-) BH2 638 2 (8) M1 Agency 479 3 (2) ACRE Capital Real Estate 585 3 (-) Lewis Ellis 461 4 (-) James Andrew International 335 4 (3) ACRE Capital Real Estate 307 5 (11) TT&G Partners 245 5 (6) TT&G Partners 245 6 (-) Harris Associates 236 6 (-) Estate Office Investments 195 7 (-) Prime+ 202 7 (-) Bray Fox Smith Limited 120 8 (-) Lismore Real Estate Advisors 112 8 (-) Prime+ 107 9 (-) Squarebrook 87 9 (-) Staunton Whiteman 100 10 (10) Franck-Steier Price 86 10 (2) Michael Elliott 95 11 (12) M1 Agency 81 11 (9) BH2 76 12 (-) Griffiths Eccles 81 12 (11) Morgan Williams 53 13 (3) B8RE 75 13 (-) GCW 51 14 (-) Corbett Northam 75 14 (7) Kimmre 50 15 (14) Morgan Williams 57 15 (-) Lewis & Partners 46 Source: CoStar Group CRE investment agency league tables 5 2020 league tables: Investment agencies Eastdil Secured comfortably topped the annual sales table in 2020, largely Savills took top position in the 2020 acquisitions table after advising on thanks to its involvement in Goldman Sachs’ and Wellcome Trust’s sale £7.5bn worth of purchases, including Blackstone on iQ and AXA on Dolphin of the iQ student accommodation business to Blackstone for £4.7bn. The Square. JLL’s representation of Singaporean investor Sun Venture on 1 & 2 New transaction was the UK’s largest-ever private property investment deal. Ludgate and Blackstone on its £500m acquisition of Hansteen contributed to its second place ranking. Cushman & Wakefield placed third on the annual Knight Frank’s second spot followed its involvement in another landmark acquisitions table following its representation of Cadillac Fairview in the deal. It advised Westbrook on the £850m sale of the Dolphin Square residential acquisition of White City Place for £760m. complex in Pimlico to AXA. Meanwhile, CBRE’s advice on the sales of the Trafford Centre for £800m and 1 & 2 New Ludgate for £552m secured its third place ranking on the annual sales table. Investment agencies - sales Investment agencies - acquisitions Rank Rank Y-on-Y Y-on-Y 2020 Vendor agency Value £m 2020 Vendor agency Value £m change change (2019) (2019) 1 (4) Eastdil Secured 6,061 1 (5) Savills 7,451 2 (5) Knight Frank 4,918 2 (3) JLL 4,628 3 (1) CBRE 4,273 3 (1) Cushman & Wakefield 2,374 4 (2) JLL 3,853 4 (4) CBRE 1,899 5 (3) Savills 3,636 5 (2) Knight Frank 1,780 6 (6) Cushman & Wakefield 2,354 6 (7) DTRE 1,494 7 (11) DTRE 1,755 7 (13) Gerald Eve 1,014 8 (-) ACRE Capital Real Estate 1,276 8 (10) Colliers International 730 9 (7) Colliers International 920 9 (-) Montagu Evans 697 10 (14) BH2 849 10 (-) M1 Agency 620 11 (8) Allsop 731 11 (8) ACRE Capital Real Estate 603 12 (15) Montagu Evans 668 12 (15) Allsop 539 13 (13) BNP Paribas Real Estate 632 13 (-) TT&G Partners 510 14 (12) TT&G Partners 519 14 (11) Michael Elliott 494 15 (10) Gerald Eve 447 15 (12) Lewis Ellis 461 Source: CoStar Group CRE investment agency league tables 6 2020 league tables: Single branch agencies DTRE once again topped the annual sales and acquisition tables for single Property and Pictet in the acquisition of the £119m Powerhouse Portfolio branch agencies, with over £1.8bn in sales and £1.5bn in acquisitions. helped boost it into third place for acquisitions. Notable deals that contributed to the top rankings include the disposal of the Platform Portfolio for £473m, on behalf of Prologis, and its advice to Elsewhere in the top three, M1 Agency placed second for acquisitions after AIMCo and Canmoor on the acquisition of the Marlin Portfolio for £260m. advising ICG on the £330m Jaguar Land Rover forward-funding. Meanwhile, BH2 secured third place in the annual sales table after acting jointly with ACRE Capital Real Estate also ranked highly last year, placing second for CBRE on the sale of 1 London Wall Place for £480m. sales and third for acquisitions. Its advice to Starwood Capital and Barings on the Marlin Portfolio was one key sale, while its representation of XLB Investment agencies - sales Investment agencies - acquisitions Rank Rank Y-on-Y Y-on-Y 2020 Vendor agency Value £m 2020 Vendor agency Value £m change change (2019) (2019) 1 (1) DTRE 1,755 1 (1) DTRE 1,494 2 (5) ACRE Capital Real Estate 1,276 2 (6) M1 Agency 620 3 (3) BH2 849 3 (2) ACRE Capital Real Estate 603 4 (2) TT&G Partners 519 4 (12) TT&G Partners 510 5 (-) James Andrew International 335 5 (3) Michael Elliott 494 6 (-) Prime+ 268 6 (4) Lewis Ellis 461 7 (-) Harris Associates 236 7 (-) Staunton Whiteman 251 8 (-) Edgerley Simpson Howe & Partners 204 8 (-) Millennium Group 250 9 (-) Morgan Williams 199 9 (-) Harris Associates 239 10 (6) Michael Elliott 180 10 (-) Prime+ 226 11 (15) B8RE 165 11 (-) Estate Office Investments 209 12 (-) Lewis Ellis 149 12 (-) Altus Group 203 13 (4) M1 Agency 145 13 (5) BH2 173 14 (-) Lismore Real Estate Advisors 143 14 (-) Ereira Mendoza & Co 161 15 (7) Franck-Steier Price 143 15 (-) Kimmre 151 Source: CoStar Group CRE investment agency league tables 7 Key investment deals in Q4 2020 London office Big Six office Regional office Address: 1 London Wall Place Address: Quartermile Three Address: Reading International Price: £480m (Edinburgh) Price: £120m Size: 310,000 SF Price: £45.25m Size: 400,000 SF Purchaser: AGC Equity Partners Size: 73,500 SF Purchaser: Tristan Capital Vendor: Brookfield Asset Purchaser: KanAm Group Partners Management Vendor: M&G Real Estate Vendor: DWS Group Initial Yield: 3.8% Initial Yield: 4.6% Initial Yield: 5.8% London retail Regional retail Industrial Address: Sainsbury’s, East Address: Tesco Extra (Leicester) Address: Sainsbury’s Barnet Rd Price: £60m Distribution Center Price: £51m Size: 150,000 SF (Birmingham) Size: 70,000 SF Purchaser: Supermarket Income Price: £140m Purchaser: Weybourne Holdings REIT Size: 780,000 SF Vendor: Savills IM Vendor: British Land Purchaser: Aviva Initial Yield: 6.4% Vendor: Knight Frank IM Initial Yield: 3.6% Initial Yield: 4.1% Student housing Hospitality Address: 21 St Thomas St. Address: The Gate London (Bristol) Price: £145m Price: £57m Size: 60,000 SF Size: 357 rooms Purchaser: Aviva Investors Purchaser: Deutsche Bank AG Vendor: Aldgate Investments Vendor: F3GRoup CRE investment agency league tables 8 Access comprehensive data, analytics THE INFORMATION YOU NEED, IN ONE PLACE and news with CoStar A single subscription to CoStar gives you access to market reports, building records, high-quality imagery, analytics, planning applications, land and We hope you found the CoStar CRE investment agency league tables building ownership, private sales, lease and sale interesting and valuable. 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