London and country advisory firm Hutton Bubear has added two new names to its teamsheet as some ambitious growth plans take shape.
Earlier this year, ex-Battersea Power Station sales chief Mark Hutton and former Savills agent Charlie Bubear took up senior positions in the business, which was originally founded by their respective partners, Catherine Hutton and Alice Bubear.
Former JLL director Alex Finch has now come on board – bringing 16 years of resi development consultancy, sales and marketing experience – together with Amanda Thorp, who has joined the acquisitions team from Savills in Surrey to focus on country searches across Surrey, Sussex and Kent.
The Battersea-based firm has reported an “incredibly busy” year on the buying front, with “unprecedented” demand in the country market. In contrast, London has “ticked along at a steady pace”, although activity is apparently on rise as travel restrictions continue to ease.
“We have acted for small number of institutions and family offices who have collectively bid nearly £600m on some very significant assets in London this year,” said managing partner Mark Hutton. “However, as so often the case, there is a gap between vendors expectations and what buyers are willing to pay. That said, we think the gap is starting to close a little so anticipate more deals of this scale to come together in London over the next 12 months.”
On the development side, the team has been called in to consult on schemes ranging from Battersea Power Station to the “amazing” Fawley Waterside project, which is transforming one of the largest brownfield sites in southern England into a landmark mixed-use development.
A tie-up has also been announced between HB and Edmiston, offering clients of the superyacht firm a “best-in-class, highly discrete service”.
Interview: Hutton Bubear on expanding, diversifying & finding the perfect work/life balance Jan 2021