Boutique office advisory business Bureau has appointed well-known City agent Stephen Foster as a director.
Foster has 14 years’ experience in the central London office leasing market and has spent the last nine years at HK London, advising clients including Helical, Blackstone, Columbia Threadneedle, Berkeley Group and LaSalle Asset Management.
In his role he will continue to advise central London investors, developers and occupiers on leasing strategy, disposals and acquisitions.
Bureau was founded in 2021 by flexible office sector expert Catherine Alexander, formerly of Gryphon Property Partners, and a director at JLL. Ed Huggins of Landmark and Gryphon joined the firm as director in September.
Alexander said in a statement: "Stephen brings vast experience and an enviable reputation as a City and City Fringe office agency specialist. He will be spearheading our leasing team, harnessing the valuable expertise he’s acquired over the last nine years as director at one of London’s leading niche agency firms whilst utilising Bureau’s close links with the serviced office sector."
Foster added: "I’ve worked with Catherine and Ed for a number of years and admire their in-depth market understanding and forward-thinking advice. The flexible and traditional office leasing markets have converged, as a result of rapidly changing business conditions for occupiers and an increasing need for flexibility; requiring a cross-market approach. With our understanding of how these needs can be met, we plan to provide significant value-add for our clients."
Other senior hires are expected to be announced later this year.