Jersey’s booming economy, especially in the property development and construction sector, has prompted international asset management consultancy, Currie & Brown, to boost its resident management presence on the island.
The most recent States of Jersey Economic Digest places the construction sector as second only to financial intermediation in terms of Gross Value Added for the island. Against this backdrop many firms are looking to grow their market share and Currie & Brown is the latest to unveil ambitious plans for growth.
David Morris, who has been with Currie & Brown for over four years working most recently in its City of London head quarters as Head of Property Due Diligence, has relocated to the parish of St Clement, with his young family.
He leads a seven-strong team from their St Helier Office. With four of the staff qualified as Chartered Surveyors, he describes the practice as “heavily qualified”. Morris feels that the firm’s pedigree and reputation makes it well placed for growth.
He believes that growth will be realised by continuing to offer the core services of cost management (Quantity Surveying) and also by increasingly adding width to their current core traditional services by providing building surveying, project management and project monitoring services with their existing experienced staff.
Morris is looking to grow the business at a constant rate and is looking to use a combination of local talent and Currie & Brown’s own team to land an increased share of the projects that are currently on the horizon. In particular, Morris targets the planned Waterfront development and regeneration of St. Helier as key sectors in which Currie & Brown can offer specialist asset management services and add value.
The Jersey office also exports its own in-house expertise in areas such as civil engineering cost and contract management advice to the wider Currie & Brown group. Paul Morcombe, one of Currie & Brown’s Jersey-based Directors, presently heads a team drawn from its London, Newcastle, Paris and Jersey offices, delivering pre-construction cost advice to one of Europe's largest planned infrastructure and development projects.
As part of a global business, Morris is able to supplement his team with expertise drawn from across the firm’s UK and European network, if a project requires specialist skills that are not available in Jersey.
Morris is relishing the task facing him in expanding the business and believes that Currie & Brown’s sector-led approach will be a key part of the firm’s commercial offering.
“We are able to bring a wealth of knowledge and experience of specific sector to the projects we work on. That is key. It is not a ‘one size fits all’ solution, but a tailored package for each individual client that understands the market place in which they operate, whether that is in area of finance, energy, education health or property developments in the public or private sector,” he said.
Notes to Editors
The concept of Gross Value Added (GVA) provides a measure of economic activity. GVA is the sum of profits of businesses and earnings of employees.
Currie & Brown is a global asset management consultancy headquartered in London, with 13 regional sites across the UK, and offices throughout Europe, Middle East, Asia, Australia, the Americas and associated offices in Africa.
Currie & Brown provides specialist expertise and consultancy services to key accounts and clients from four operating service divisions: Project Management, Cost Management, Consulting and Business Consultancy
The company employs over 1000 people worldwide: 500 in the UK (50/50 split Scotland and England) and a further 500 in more than 50 overseas territories.
It is one of the world’s top 10 consultancies whose clients include Marks & Spencer, Royal Bank of Scotland, BBC, BAA, BP, Land Securities Trillium and Shell Exploration.