Avison Young hires valuation and advisory specialist Toivo Heinsaar in Toronto

Real estate industry leader brings 18 years of experience in the GTA market

TORONTO, May 12, 2014 /CNW/ - Mark Fieder, Avison Young Principal and Managing Director of the company's Eastern Canada region, announced today that real estate valuation and advisory professional Toivo Heinsaar has joined the firm to expand the company's property appraisal and advisory service offerings across Canada.

Effective immediately, Heinsaar joins Avison Young as Senior Vice-President, Valuation and Advisory Services, Ontario. Based in the company's global headquarters in downtown Toronto, he will service clients throughout Ontario and on a national basis. Formerly Director, Real Estate Valuation at Deloitte, Heinsaar brings to Avison Young 18 years of industry experience.

At Avison Young, Heinsaar will bring his extensive expertise to further strengthen the company's growing valuation and advisory service-line offering, while coordinating with other service-line leaders across the country to provide appraisal, valuation and advisory services to clients as part of the firm's integrated model.

"We are pleased to welcome Toivo as the newest member of our downtown Toronto team," comments Fieder. "His arrival expands our platform of client services in the GTA and across Canada, while his years of experience and focus on clients' needs ensure he will integrate seamlessly into our multi-faceted real estate operations."

Fieder adds: "In addition, Toivo will work collaboratively across multiple service lines with our offices throughout Canada to generate creative solutions for clients requiring commercial brokerage, mortgage financing, project management and asset or facilities management services. He will leverage the capabilities of Avison Young's specialists to provide clients with optimal, integrated solutions that meet their particular circumstances and needs."

During his distinguished career, Heinsaar has held senior roles at Colliers International and Cushman & Wakefield. His areas of expertise include single-asset valuation, portfolio valuation, highest- and best-use analysis, appraisal review, dispute analysis and litigation support, and transaction support. His clients include some of the nation's leading financial and public institutions, real estate developers, REITs and investors.

Heinsaar holds an AACI designation with the Appraisal Institute of Canada. He is a member of the Royal Institute of Chartered Surveyors, as well as a licensed broker with the Ontario Real Estate Association and the Toronto Real Estate Board.

"I'm excited to have the opportunity to join a rapidly growing organization, and to capitalize on my skills and experience to be part of that growth," says Heinsaar. "Avison Young's Principal-led structure and collaborative culture offer clients the best integrated services platform in the industry, and I look forward to contributing to the company's continued growth and success."

Avison Young is the world's fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 1,500 real estate professionals in 57 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.

Editors/Reporters: please click on the link to view and download photo of Toivo Heinsaar
http://www.avisonyoung.com/sites/default/files/content-files/Media_Room/Temp/Toivo_Heinsaar.jpg

For further information/comment/photos:

Mark Fieder, Principal, Managing Director, Eastern Canada, Avison Young: 416.673.4051

Toivo Heinsaar, Senior Vice-President, Valuation and Advisory Services, Ontario, Avison Young: 416.673.4048

www.avisonyoung.com

Avison Young was a winner of Canada's Best Managed Companies program in 2011 and 2012 and requalified in 2013 to maintain its status as a Best Managed company.

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SOURCE Avison Young Commercial Real Estate (BC)

For further information: Mark Fieder, 416.673.4051, email: mark.fieder@avisonyoung.com