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Managing partner of major property firm announces shock retirement

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Written by: Andrew Merrell | Posted 07 November 2017 7:39

Managing partner of major property firm announces shock retirement

Bruton Knowles’s has announced managing partner Patrick Downes "has informed the partnership that he intends to retire from the firm".

Mr Downes has been with the Gloucester-headquarters business for 35 years, the last 14 years as managing partner or its equivalent.

Bruton Knowles described his role during this time as "pivotal in growing the firm from its regional roots into a national commercial property consultancy practice with 13 offices".

Mr Downes said: “I have enjoyed working at Bruton Knowles and have delivered growth in terms of scale and geographical reach during my 14 years as managing partner.

"I am proud of my achievements of having led the firm through the difficult period of the recession. I wish the firm well over the coming years”.

Keith Brown, executive chairman of the partnership said: “It has been a pleasure to work with Patrick and the team at Bruton Knowles since I was appointed as chairman two years ago.

"Patrick has managed to combine a commercial approach to business whilst ensuring that our staff and clients have been prioritised throughout. He will be a very hard act to follow”.

The firm has established protocols for appointing a managing partner and these will be followed, with the announcement of Patrick’s replacement being made shortly. During the interim period Anne Williams, finance partner, will take on the duties of managing partner.

In a private letter to friends Mr Downes said: "I just wanted to let friends and family know, before you see it or hear it elsewhere, that I have now retired from the Partnership of Bruton Knowles.

"It's obviously a bit of a wrench after so many years, and of course a big change, but my main emotions are excitement & enthusiasm for plans and for what lies ahead.

"For now though I have some free time whilst my Partnership restrictions/obligations expire. My mistake, however, is that I should have done it in the Spring so that there would be more to do in the garden."

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