Acuitus has recruited David Margolis to join its auction and investment team.
He was previously with CBRE where he was a senior director and auctioneer in the auctions department.
Acuitus Chairman, Richard Auterac, commented: “David is a tremendous addition to our team. He is a highly experienced investment professional and auctioneer. His track record over nearly 20 years in the business speaks for itself, and he will add further strength to our auction service.
“We are pursuing an active growth strategy and David will play a vital part in this.”
David joins the team as Investment Director & Auctioneer, and commented: “Since it was created in 2010, Acuitus has demonstrated the power of a business which specialises in commercial property auctions and the private investor market place.
“Its success, commitment to client service and exciting vision for the future were all instrumental in my decision to join the business.
“As the economy strengthens and all areas of the property investment market begin to move forward, auctions will play a key role in meeting the strategic needs of buyers and sellers.
“There are an increasing number of private investors, investment funds, property entrepreneurs and financiers entering the sector and we will be looking to work with them in addition to our existing clients to bring further activity into the auction room.”
Since it was founded, Acuitus has acted in the sale of more than £600m of commercial property assets for a client base which encompasses major investment funds and life offices, REITs, private investors, receivers and banks.
Richard Auterac commented: “Whether working with sellers to bring assets to market or advising buyers on how to access the opportunities of the auction room, our approach is defined by identifying a client’s needs, devising strategy that is aligned with those needs and empowering them to invest in our exciting and growing market place.
“David’s appointment is a further demonstration of this strategy and commitment.”
