TORONTO, Jan. 13 /CNW/ - Mark Rose, Chair and CEO of Avison Young, announced today that Udo Stoeckl has joined Avison Young as European Investment Manager. He will be based
in the company's Downtown Toronto office at 150 York Street.
Most recently a leading member of the North American acquisitions team
of a major German fund, Stoeckl will be responsible for advising
European clients seeking investment opportunities in North American real estate markets.
Avison Young is Canada's largest independently-owned commercial real
estate services company. Over the past two years, the company has grown
from 11 to 23 offices and from 300 to more than 700 real estate
professionals across Canada and in the U.S.
"We are delighted to have someone with Udo's international commercial
real estate knowledge, expertise and networks come on board," comments
Rose. "His experience in working so closely with European clients will
assist us in further delivering the full strengths and capabilities of
our firm and expanding our relationships with European client
Stoeckl began his career in 2001 as a trainee at Commerzbank, Germany's
second largest financial institution. In 2004, he started as an analyst
with Commerz Real AG in Dusseldorf before becoming acquisition manager
for North American commercial real estate markets. Over the past four
years, Stoeckl has completed a number of acquisitions and dispositions
with a total value of C$2.3 billion. The latest transaction was the
sale of a major shopping centre interest in Calgary, Alberta in 2010.
Stoeckl holds a Bachelor of Arts degree from University of Cooperative
Education (Mosbach, Germany) and earned a post graduate degree in real
estate economics in 2008 from International Real Estate Business School
in Essen, Germany.
"We are delighted to welcome Udo to the Avison Young team. Having worked
with him when he was a client of ours in Germany, we know he will fit
in extremely well with our organization. His knowledge of major
European investors and their requirements in North America, coupled
with his experience in acquiring properties in both the U.S. and
Canada, make him a natural choice for this position," says Robin White, Avison Young's Executive Vice-President, Capital Markets Group. "Udo
will also be able to assist our North American clientele who are
actively seeking European opportunities."
"I had the opportunity to work with Avison Young in various transactions
over the years and was always impressed by the high level of
professionalism across the board, from Principals to analysts to
brokers," says Stoeckl. "The integrated services provided to me as a
client were outstanding. Furthermore, an international company of that
size that is led by ownership is unique in the real estate brokerage
world, and has a higher interest and better understanding of how to
sustain client relationships. I look forward to continuing my career at
Founded in 1978, Avison Young is Canada's largest independently-owned commercial real estate services
company and the only national, Canadian-owned, principal-managed real
estate brokerage firm in the country. Headquartered in Toronto, Ontario
and ranked among Canada's leading national commercial real estate
organizations, Avison Young is a full-service commercial real estate
company comprising more than 700 real estate professionals in 23
offices across Canada and in the U.S. The company provides value-added,
client-centric investment sales, leasing, advisory, management,
financing and mortgage placement services to owners and occupiers of
office, retail, industrial and multi-residential properties.
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SOURCE Avison Young (Canada) Inc.
For further information:
For further information/comment/photos:
- Sherry Quan, National Director of Communications & Media Relations, Avison Young: (604) 647-5098;cell:(604) 726-0959
- Mark Rose, Chair and CEO, Avison Young: (416) 673-4028
- Robin White, Broker & Executive Vice-President, Capital Markets Group, Avison Young: (416) 673-4009
- Udo Stoeckl, European Investment Manager, Avison Young: (416) 673-4019
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