Avison Young
This article needs more citations. (November 2020) |
| Type | Commercial Real Estate |
|---|---|
| Industry | Real estate |
| Founded | 1978 |
| Headquarters | Toronto, Ontario, Canada |
Number of locations | 100+ office (2020) |
Area served |
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| Services |
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Number of employees | 5000+ (2020) |
| Website | www |

Avison Young is a global commercial real estate services firm, headquartered in Toronto, with more than 100 offices in 20 countries. Avison Young was founded in 1978.[1] In February 2019, Avison Young acquired UK-based real estate advisory firm GVA, with the two companies combining under the Avison Young brand. Following the acquisition, the company employed around 5,000 real estate professionals across 120 offices in 20 countries.[2]
In February 2024, Avison Young reached an agreement to restructure its financial obligations. The company said the transaction would reduce its financial obligations by more than half and provide additional capital, while no day-to-day operational or headcount changes were expected.[3]
Services
[edit]Avison Young offers commercial real estate services for occupiers and investors, including transaction, management, financial and advisory services.
History
[edit]Formed by the union of Graeme Young & Associates of Alberta (1978) and Avison & Associates of Ontario (1989) and British Columbia (1994), Avison Young was created in 1996. Over the next decade, new offices opened in Toronto West (1997), Montreal (2002), Winnipeg and Regina (2004), Halifax (2006) and Ottawa (2007).
The firm's Canadian offices merged into Avison Young (Canada) Inc. in 2008. Since then, Avison Young has grown from 11 Canadian offices and 293 professionals (including 53 principals)[4] to 5,000 employees in more than 100 offices in 19 countries.[5]
References
[edit]- ↑ "About Avison Young – Company Details and Values – Real Estate Advisor". www.avisonyoung.com. Retrieved 2020-11-30.
- ↑ Bell, Richard (1 February 2019). "Canada's Avison Young acquires UK-headquartered GVA to create $1bn-turnover real estate business". Bdaily. Retrieved 24 June 2026.
- ↑ Fahey, Ashley (26 February 2024). "Avison Young reaches deal to restructure financial obligations". The Business Journals. Retrieved 24 June 2026.
- ↑ "CEO on Leadership: Mark E. Rose, Chairman and CEO, Avison Young | NAIOP". www.naiop.org. Retrieved 2020-11-30.
- ↑ Thomas, Brad. "Commercial Real Estate Expert Says "Recessions Need To Be Caused By Some Sort Of Intervention"". Forbes. Retrieved 2020-11-30.