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Boggling at the prospect of CBRE King Sturge

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The press coverage at the weekend in respect of CBRE buying King Sturge (Estates Gazette, 19 February 2011) has certainly got us buzzing in the Property Village. I think it is fair to say that I will never work in real estate consultancy ever again (one should never say never, of course, but I reckon it's a racing certainty) and my first loyalty will always be with CB Richard Ellis, who were (and are) good to me. But I would be sad to see the demise of a great brand like King Sturge and I do hope that, if the stories are true, it will be handled sensitively.

I always had a great affection for the boys at King Sturge. And for the King Sturge culture. I regularly used to racket about with the likes of Peter Richards and Philip Papenfus and Tim Sonnex in Shampers and other disreputable watering holes of a Friday afternoon. Ah...those were the days and, indeed, all have moved on now.

The excellent shed shifting team baled me out more than once when I was running (sic) Park Royal (thanks again, Gus and Andy). Regular readers of this blog will know of my respect for Angus McIntosh who certainly Knows A Thing. And the very lovely Andrew Ludiman is, quite seriously, one of the finest regeneration practitioners I have ever met (and you'll appreciate I've met a few); a uniquely talented player who has just delivered an exemplar project at the Barton project in Oxford. He and Jon Bull-Diamond are a formidable paring. Yes, it is a crack team, particularly well respected in the public sector, who are, of course, absolutely key at this point in the game (actually, King Sturge is possibly best-in-class in this arena) and I would hope and trust that my old alma mater will have the good sense to polish up the human assets. Big job to make it all fit though, very big job.

About the Author

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Jackie Sadek is chief executive of UK Regeneration which was created to provide those working in regeneration in all parts of the UK with the indispensable tools they will need to deliver regeneration in the new localist context.

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