Cushman and Avison Young in £250m-plus battle for GVA

Gerry Hughes GVA lead

Cushman & Wakefield and Avison Young are in a two-way battle to buy GVA, Property Week can reveal.

According to sources familiar with the situation, negotiations are at a “critical stage”, but a deal valuing GVA at between £250m and £270m is expected to be struck by Christmas with one of the frontrunners.

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