"For all quarters in 2018-19, the core
GVA was higher than overall
GVA growth as 'Agriculture and allied' and public administration, and defence experienced the largest decline in growth rates relative to other sections," the survey said.
GVA started life in Birmingham city centre around 200 years ago when HN Grimley and Son was founded in Bennetts Hill.
4 February 2019 - Canada-based commercial real estate services firm Avison Young has closed the acquisition of UK-based real estate advisory
GVA, the firm said.
The Toronto-headquartered business has completed its acquisition of UKbased
GVA, the leading real estate advisory business with a strong presence in Newcastle.
Gross value added (
GVA) is a measure of the increase in the value of the economy due to the production of goods and services.
Carl Potter,
GVA senior regional director for the Midlands, said: "
GVA is a great business that has found a truly wonderful long-term home and we are merging with a partnership that has terrific values and a culture that is really close to our own.
"We couldn't be more excited to welcome
GVA to Avison Young," said Mark E.
Mr Ware joins
GVA from CBRE, where he led the property management team across south Wales, the south-west and Birmingham.
"We couldn't be more excited about the acquisition of these properties," said Alan Stalcup, founder and CEO of
GVA Real Estate Investments.
GVA is measured at current basic prices and includes inflation but excludes taxes such as value added tax.
GVA per head in Cardiff and the Vale of Glamorgan was PS21,366 against PS34,178 in the city of Edinburgh and PS33,190 in Belfast.