DTZ is rooted in a long history in the property market, dating from 1784 when one of the predecessor firms, Chesshire Gibson, was founded in Birmingham, UK. Since then, DTZ has developed into one of the largest property advisers in the world.
While the “D” of DTZ represents Frank Gissing Debenham, one of the founding fathers of the company, the “T” and “Z” originate from the company's European joint venture in 1993 with Jean Thouard of France and the Zadelhoff Group in Germany and the Netherlands, where after the company was renamed DTZ.
Visit the History page on DTZ.com for the full story on DTZ’s history and global expansion.
In 1999 following an equity exchange with Asian partners CY Leung & Co and Edmund Tie & Co, DTZ Debenham Tie Leung was formed.
In December 2006, DTZ consolidated its Asian operations with the 100% integration of DTZ Debenham Tie Leung in North Asia.
In North Asia, DTZ has a presence in 15 cities in mainland China, namely Beijing, Chengdu, Chongqing, Dalian, Guangzhou, Hangzhou, Nanjing, Qingdao, Shanghai, Shenyang, Shenzhen, Tianjin, Wuhan, Xiamen and Xian.
Together with its Hong Kong and Taipei offices, it is the largest and longest established real estate advisory firm in this fast growing market. In 2004, DTZ was awarded a Grade A National Valuation Licence in China, the first and only among international firms.
In October 2008, DTZ established an office in Seoul, South Korea, through the cooperation between DTZ and Prime Asset Advisors Company (PAC).
DTZ Holdings plc, which is the largest shareholder in the DTZ operations, is a publicly quoted company, listed on the London Stock Exchange since 1987.