by Scott Baltic
Hatton Real Estate Ltd., a leading commercial property specialist in London, has been acquired by Colliers International Group Inc., the latter announced last week. Hatton’s business is concentrated in the “City Fringe” area of Central London, that is, the boroughs (such as Camden, Islington, Hackney and Tower Hamlets) that surround the City of London. Financials on the transaction were not disclosed.
Hatton was founded in 2010 and provides agency leasing (that is, representing building owners), investment, development and tenant representation services. It will rebrand as Colliers International immediately and will relocate in March to a new and expanded office at Morelands, 27 Old St. EC1.
“The City Fringe is now considered to be one of London’s most sought-after commercial and residential districts, and Hatton’s stronghold in the area…will be an excellent fit with Colliers International,” Tony Horrell, CEO of Colliers International U.K. and Ireland, said in a prepared statement. [Commercial Property Executive]
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