Allsop looks to future with flurry of equity partner promotions
Allsop has promoted six employees to equity partner in the largest round of partnership promotions at the firm for almost 30 years. This takes the total of equity partners at Allsop to 22.
Piers Glover and Nick Pemberton in the West End Business Team have been invited to join the partnership. Since joining Allsop in 2011 respectively from GVA and Colliers, the two have worked together to build the West End Investment and Leasing business into a team of ten. Their recent deals have included a £98.5m acquisition for Workspace in Fitzrovia and the £75m purchase of a block in Curzon Street for private overseas clients.
Andrew Boyd, who joined from Savills in 2016, has also been made a partner. As well as spearheading Allsop’s Residential Investment and Development offering, he is a key player in the firm’s specialist build to rent consultancy service.
In the auction department, Richard Adamson, Alex Neil and Jourdan Prowting have been promoted. Allsop said that as the auction sector continues to evolve, the "fresh and ambitious approach of these new partners is important for Allsop to retain and build on its position as the UK’s No. 1 auctioneer".
Having begun his career at Allsop as an intern in 2001, Adamson joined the Residential Auction Department in 2004.
Alex Neil joined the Commercial Auction Department in 2002 from Matthews & Goodman. During the downturn of 2008/2009,
Allsop said: "Alex saw an opportunity to significantly grow Allsop’s business from receivership instructions and, since then, he has significantly widened the commercial auction client base."
Jourdan Prowting joined the Residential Auction team in 1997 and, over the last 20 years, has become one of the biggest fee earners in Allsop’s Residential Division, with a focus on the central London auction market.
Scott Tyler, Senior Partner of Allsop, said: “It is nearly 30 years since we made this many equity partners in one year. The promotion of these talented people is testament to not only their hard work, but also to our vision to drive the business forward in the coming years. The new partners demonstrate Allsop’s commitment to the future of core divisions of the business, such as auctions, and our continued focus on commercial investment in London and build to rent as an emerging market.”