In his new role, Richard will use his extensive cross-sector property knowledge to deliver high-quality service, realise value for clients and build on an established national and local footprint at BTG Eddisons, part of BTG. Drawing on his experience with corporate clients, he will also help companies unlock value through the sale of large, high-value commercial, residential and mixed-use properties across London and the UK.
Working closely with partners across BTG's eight financial and real estate service lines, Richard will enable clients to use the auctions service from BTG Eddisons as a strategic tool. Richard's appointment will further strengthen BTG's established real estate advisory expertise based in London, which supports businesses from planning and funding through to design, delivery, management, and sale.
Richard Watson, London and South East Director in property auctions at BTG, said:
"I am pleased to be joining BTG at such an exciting time of growth and evolution. Its established national auctions service under BTG Eddisons has grown rapidly and I am looking to build on that momentum and grow auctions in the region and across the UK.
"Auctions complement all of the service lines across the Group by generating liquidity for restructuring, or capital for investment in growth and real estate. Combining my knowledge of the London and wider UK property market as well as my experience in auctions combined with the other leading experts in the Canary Wharf office, will help deliver strong cross-service solutions to clients and I am looking forward to getting started."
Mark Fry, CEO of BTG, said:
"It is great to continue strengthening our financial and real estate advice and expertise both in London and nationally. With Richard's appointment we are not only building on our already strong auctions service nationally, but also the breadth of financial and real estate experience in our Canary Wharf office for businesses in the capital.
"By bringing talent from across BTG's eight service lines together, we are collaborating to support clients at any and every part of the business lifecycle and deliver the best outcome for companies across any sector."
Anthony Spencer, National Managing Partner of BTG Eddisons, said:
"For over a decade, we have delivered significant organic and acquisitional growth in our real estate advisory services. We have grown market share and brought together leading expertise under the Group to deliver success for clients.
"Our auctions practice is a shining example of this growth and with Richard onboard, we are continuing to build momentum for our strong footprint in London. Auctions, alongside the real estate expertise in BTG, will have a key role to play in helping clients achieve success in the coming months and years and it is brilliant to see this offering continue to evolve."