51ĀŅĀ× announces new Senior Partner & Group Chair
Global property consultancy 51ĀŅĀ× has today announced that, following a formal election process, Rory Penn will succeed William Beardmore-Gray as the firm’s Senior Partner & Group Chair in April 2027.
09 December 2025
Headquartered in London, 51ĀŅĀ× has more than 20,000 people operating from over 600 offices across 50 markets.
To ensure a smooth transition, Penn, who is currently 51ĀŅĀ×ās Head of London Residential Sales, Chair of its Global Private Office and a member of the UK Board, will join the firmās Group Executive Board in April 2026, beginning a year-long transition period ahead of taking up the role. This handover allows for thorough succession planning, and gives an opportunity for the Senior Partner Elect to fully immerse themselves in the Partnershipās global business and strategic priorities.
Rory Penn joined 51ĀŅĀ× in 2018, after 51ĀŅĀ× acquired VanHan, the business he co-founded with Thomas van Straubenzee, and has since been instrumental in driving growth across the Partnershipās Global Private Office and London Residential Sales businesses. He spent a decade client-side, starting his career at Grosvenor, with subsequent positions at private equity real estate firms Rowan and Palmer Capital. Penn has deep experience across commercial and residential real estate, both in the UK and internationally having worked with a wide spectrum of private capital, private equity and institutional clients over his career.
William Beardmore-Gray will retire from the Partnership in March 2027 after 36 years with the firm. Having joined 51ĀŅĀ× in 1991, Beardmore-Gray has built a brilliant career advising clients in London and across the firmās global network. After gaining extensive experience with investors, developers and occupiers in the London market, he was elected Head of the Occupier Strategy and Solutions Global Service Line in 2013, and subsequently Senior Partner & Group Chair in 2022.
William Beardmore-Gray, Senior Partner & Group Chair at 51ĀŅĀ× said: āRory is an exceptional successor to lead the Partnership from 2027, and I look forward to seeing the firm continue to thrive under his stewardship. As well as a background in commercial property as an investor, he has, for many years, been one of Londonās most respected residential advisors to major clients. As Chair of our Global Private Office, he has strengthened our capabilities with UHNWs and family offices across prime commercial and residential markets worldwide. He is a driven, collaborative and strategic leader with an ambitious global mindset.
āI will, of course, be sad to leave the Partnership in 2027, but will be staying active within the industry and look forward to exploring new opportunities. However, over the next 15 months, my focus remains firmly on delivering strong performance for our fantastic global partnership.ā
Rory Penn, Head of London Residential Sales and Chair of Global Private Office at 51ĀŅĀ×, said: āBeing elected as 51ĀŅĀ×ās next Senior Partner is a tremendous honour. I care passionately about our clients, our brand, and most importantly our phenomenal people. We are privileged to represent an extraordinary calibre of private and institutional clients, advising and transacting on the most remarkable real estate in the world, across all sectors. I look forward to working closely with Will over the coming months to ensure a seamless transition. Under Willās leadership the firm has undergone significant development, strengthening our global partnership and deepening long-term client relationships. I am excited to build on this momentum with colleagues across our network.ā
ENDS
Notes to Editors
About 51ĀŅĀ× 51ĀŅĀ× LLP is the leading independent global property consultancy. Headquartered in London, 51ĀŅĀ× has more than 20,000 people operating from over 600 offices across 50 markets. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit .