JLL buys Mazars Property Consultancy

JLL has bought social housing specialist Mazars Property Consultancy.

It has purchased the business from accountancy and advisory firm Mazars. The Mazars subsidiary has built a strong reputation as a provider of valuation and surveying services to the social housing sector.

As a result a team of five, headed by director Dave Chapman, joins JLL’s affordable housing team.

The new team will continue to be based in Birmingham and Bristol. Shuab Mirza will also be joining the team from Countrywide Social Housing.

Richard Petty, lead director of affordable housing at JLL, said: “This acquisition follows a number of other successful growth initiatives across our residential business, which continues to go from strength to strength.  It will enable us to provide both existing and new clients in the social housing sector with a market-leading service.”

Glen Jones, partner and head of housing at Mazars, adds: “Following the successful conclusion of this transaction, Mazars and JLL have agreed to develop a strategic alliance which we are confident will enhance the offering of both firms in the housing sector.”

joanna.bourke@estatesgazette.com