Grant Thornton UK LLP today announces a significant investment in to its Real Estate practice with the appointment of three new partners: Matt Maltz, Real Estate Tax; Jessica Patel, Real Estate Tax; and Marc Roberts, who will lead the firms new Real Estate Advisory Team.
Real estate tax partner Matt Maltz joins the firm from EY. Having advised on tax planning and big ticket cross border transactions for real estate funds and major corporate institutional investors for close to 26 years, Matt brings a wealth of experience to Grant Thornton. His specialist areas include fund structuring, transactions, tax compliance and reducing tax leakage on an ongoing basis for property holding structures. Matt is a regular presenter at top industry conferences and well known throughout the industry.
In an additional boost for Grant Thornton’s real estate tax practice leadership Jessica Patel has been promoted to partner. Jessica has risen through the ranks having joined the firm as a trainee in 2003. She has significant experience advising on tax-efficient structuring of UK and international property transactions including joint ventures, fund structuring, and development of land. She also has strong advisory experience in relation to residential and commercial property in a range of specific asset classes from care homes and hotels to student accommodation. Jessica applies commercially driven tax advice to support her clients add value.
The real estate advisory team will work together to support clients in capitalising on real estate value - maximising returns while minimising risk and cost. Leading the team will be new partner, Marc Roberts, who joins the firm from EY where he was real estate advisory lead. Marc has over 25 years’ experience, drawing on previous roles at EY and PwC and on the client side working for international banks such as Morgan Stanley, HSBC and UBS. Marc is a recognised subject matter expert in global strategic property reviews, global property services outsourcing, joint venture real estate structures and real estate funding structures.
Also joining Marc in the move to Grant Thornton from EY are senior managers Sam Thurgood, Alex Rowley and Zaid Furreedan and manager, Damien Harkin. This wider team has industry experience in residential and commercial development, asset management, real estate finance and occupier solutions.
Kersten Muller, partner and head of real estate and construction at Grant Thornton UK LLP, said:
“I am really pleased with the welcome addition to our existing capabilities in our real estate team. It is a demonstration of our ongoing investment in the sector that will add value for clients through this interesting and challenging chapter. Issues relating to real estate touch upon all types of organisation in one way or another, whether as investor, developer, occupier or other stakeholder. At a time of significant changes to taxation of UK real estate and uncertainty in the economy, we can provide our clients with robust technical yet pragmatic advice that enables them to realise value.
“Further, the investment puts the firm on a level playing field with larger competitors in terms of the scale of our real estate tax and real estate advisory capabilities giving clients the opportunity to focus on quality and cost as deciding factors. We believe that our team is the best choice in the market and our client roster is rapidly growing in reflection of this.”