LaSalle names new head of regional operation after merger with rival

Mr Pearey will remain head of office at Jones Lang LaSalle in Leeds, while Colin Fell, partner in charge of King Sturge, Leeds, becomes Yorkshire and North East regional chairman.

The deal between the two companies sees all 43 King Sturge offices operate under the Jones Lang LaSalle brand.

Mr Pearey and Mr Fell’s roles were confirmed yesterday as the leadership of the firm’s Scottish, Welsh and English regional offices were announced.

Andrew Gould was previously named as the chief executive of the UK business, while Richard Batten was named UK executive chairman.

Mr Gould said: “We have brought together outstanding leadership drawn equally from both original organisations. This tremendously powerful group will take our business forward across the UK. I have every confidence in their ability to provide outstanding client service and drive long-term growth.”

Jones Lang LaSalle bought King Sturge for £197m. It will pay £98m in cash now and settle the balance over the next five years.

The firm said the merger would “deepen mutual strengths and existi ng leadership positions and bolster overall service delivery capabilities”.

The combined business has regional offices in Leeds, Birmingham, Edinburgh, Glasgow and Manchester.

Jones Lang LaSalle has also gained new offices in Bath, Bristol, Cardiff, Exeter, Liverpool, Newcastle, Nottingham, Southampton and Plymouth.

The merged business will operate in 30 countries employing 5,300 people. The UK business will have 2,700 employees.