APC was established by Bill Bexson in 2005 and built a client base ranging from car dealerships, car manufacturers and financial institutions. Comprising a team of six, the APC team will form the new automotive service line which will provide agency, investment, valuation, consultancy and lease advisory work to clients across the UK.

Siân Tunney, Head of the Leisure and Trade Division at Savills, says: "This is an excellent opportunity to establish a new service line that caters to the significant change within the automotive industry. Increasing EV ownership is impacting the use and development of property and together our combined resources will enable new and existing clients to benefit from this specialised expertise."

Bill Bexson of Automotive Property Consultancy, comments: "Having developed the business since 2005 it is now the right time to progress to the next step. I am proud of what we have achieved over the past 17 years and I am now excited to give our clients access to greater opportunity and accelerate our work in the automotive industry with the weight of the Savills business behind us."

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Savills plc published this content on 10 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2023 12:01:20 UTC.