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Published in Commercial Property on 19/09/2019

Savills Expands Office Team with Two Key Appointments

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CNI Editor reports

Savills has bolstered its offices team in Dublin with two key appointments – Sean Ryan McCaffrey and Niall Cuddy –  specialising in office site and building acquisitions for landlords and occupiers.

Seán joins Savills as Senior Surveyor in the offices department, focusing on office leasing, site acquisition, design and development. He is a Chartered Surveyor and joins from JLL where he worked for three years. Working in Valuation Advisory, Seán covered multiple sectors and provided investment valuation appraisals to leading national and international funds.

Prior to joining JLL, Seán completed the MSc in Real Estate in Ulster University, graduating with a First Class Honours and receiving the Real Estate Excellence Award for the highest average marks.

Niall joins Savills as an Associate Director, having previously worked in the London commercial property market. He joins from the CBRE office occupier team where he specialised in advising corporate clients on lease events and acquisitions, with a predominant focus on the City & Fringe markets.

With an in-depth knowledge in all areas of office advisory, Niall has represented some of the largest occupiers in London, across many business sectors including Google, HP, HSBC, Telefonica, Scottish Power and Universal Music. Notable projects Niall has recently worked on include a 370,000 sq ft rent review acting on behalf of Omnicom and he led negotiations on a 64,000 sq ft review for Lloyds.

Commenting on the appointments, Head of Offices in Savills, Andrew Cunningham noted that a key USP for Savills office team has been a willingness to work upstream and interacting with its investment and development land teams to find opportunities. “The office team engage from acquisition all the way through design, development and leasing and occupation until sale or re-finance for holding. They have invested heavily in people, which is key but also into information platforms & market and building research to assist clients in taking longer-term, strategic views on the market. That ensures client buildings are future proofed and flexible to appeal to the market. These appointments reinforce that philosophy and both Sean and Niall will seek to grow this business even further for Savills.”

Currently Savills have close to 1.5m sq. ft. of on-site office stock on their books for Dublin and this is a product of their long-term approach.