ATISREAL ACQUIRES RETAIL SPECIALIST PARISH DEAN PARTNERSHIP

October 6, 2006

Atisreal has today announced its acquisition of niche retail consultancy, Parish Dean Partnership, as part of its continued expansion drive. This acquisition will strengthen Atisreal’s presence in the retail market and add to its existing portfolio of services.

Parish Dean is a niche retail consultancy founded in 1999 by Ian Parish and Jonathan Dean. The firm has been instructed on substantial acquisition and disposal programmes for MFI, Matalan and Somerfield, in addition to advising a wide range of independent retailers and private clients. Parish Dean also acts for a number of developers, advising on both out-of-town schemes and town centre mixed-use projects.

This move combines the depth of resources of a large international player with the in-depth market knowledge of a specialist niche player.

Head of Atisreal’s retail team, Mark Wills-Williams, said: ”This will add strength and depth to our retail capability and our excellent client base. We are a growing player in both the UK and international retail markets using our teams in continental Europe where we are the leading commercial real estate consultants.”

Tim Malthouse, executive director at Atisreal, comments: “This acquisition supports the continued growth of our retail offering. Ian and Jonathan’s business offers an excellent fit with our existing retail team and will provide additional expertise and opportunities to our clients.”

Jonathan Dean adds: “The opportunity to integrate with a truly global property consultancy was simply too good to ignore. This move significantly enhances our capabilities, allowing us to provide an extra level of service to our clients.”

All staff at Parish Dean’s Savile Row office will shortly be relocated to Atisreal’s St James’s Square office. The newly enhanced retail team will be led by Mark Wills-Williams, head of retail at Atisreal.

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