International real estate advisor Savills has expanded its retail team with the appointment of directors Stephen Proudley and Jonathan Netley, who will be based at the firm’s Manchester office.
Both Proudley and Netley join from Lambert Smith Hampton, where they held senior roles in the retail and leisure team since the firm’s acquisition of Tushingham Moore in 2015. They were previously two of five equity partners at Tushingham Moore, with Proudley having joined in 1997 and Netley in 1994.
As head of North West transactional agency at Lambert Smith Hampton, Proudley advised national retailers such as Primark and Next on the acquisition of flagship stores and international developer Vastint on the purchase of the former Tetley Brewery site in Leeds, paving the way for a major mixed-use regeneration. Netley’s UK-wide experience encompasses retailer, developer and landlord advisory across shopping centres, high streets, retail and leisure parks.
Their appointment follows that of Andy Hall, who joined Savills out of town retail team based in Manchester in June 2018. The firm has continued to grow and strengthen its network of retail experts based across the UK’s key regional markets with numerous senior hires over the last 12 months, including directors Stuart Moncur, Isla Monteith and John Menzies in Scotland and associate Russell McGill in Manchester.
Sean Gillies, head of UK retail at Savills, comments: “Stephen and Jonathan are nationally recognised in the retail sector for providing trusted, strategic advice to a wide range of retailers, landlords, investors and developers. Their market knowledge, particularly in the North West, is second to none and we are confident their skills and experience will further enhance the best-in-class retail services we provide to clients across the UK. We are delighted to be welcoming them on board.”
James Evans, head of Savills Manchester, adds: “We continue to believe clients benefit greatly from the provision of advice from experts based locally within their markets. The appointment of Stephen and Jonathan to our Manchester retail team follows that of Andy Hall who joined this summer, further emphasising this strategy and our regional strength.”