Urbis has acquired leading boutique property investment firm, Élan Property Group, effective immediately.
Élan has extensive experience managing more than $1.4 billion of real estate investments on behalf of institutional and private clients in Australia and abroad across a range of asset classes. Élan will trade as Urbis effective immediately.
Founded by Director Tony Mount in 2011 Elan has also transacted $2.2 billion of assets and developed $250 million of commercial property. The acquisition will complement Urbis’ multi-disciplinary services, introduce investment management services and expand its transactions and advisory capability.
We are delighted to welcome Director, Tony Mount and Associate Director, James Ackroyd to the Urbis team. Both are based in our Melbourne office but serving clients across Australia and Asia.
Tony brings experience across all sectors of commercial real estate, particularly in the office and industrial market across Australia and internationally. Key areas of expertise include property investment strategy, capital transactions, asset repositioning and portfolio performance management. While James brings experience and expertise in commercial property and investment management in Australia and the UK, working with large commercial property portfolios for clients investing in office, industrial and retail sectors.
Urbis Chief Executive Officer Benjamin Pollack said: “This is an important acquisition to strategically grow our multi-disciplinary service offering. We look forward to Tony Mount and James Ackroyd joining the team and bringing an exciting new suite of services to both our Urbis and Cistri clients.”
Élan’s Owner and Founding Director Tony Mount said, “We are excited to be joining the Urbis team. The breadth of expertise and experience across the Urbis and Cistri businesses will provide a great benefit to existing and future clients.“