Global property consultancy Knight Frank and commercial real estate firm Cresa have announced a new partnership to deliver occupier real estate services globally.
Knight Frank and Cresa have combined their Global Portfolio Solutions businesses, placing significant investment in bespoke technology and research capabilities to provide innovative occupier solutions.
Both parties see a need for dedicated occupier services worldwide and have committed to a partnership for the long term. The partnership will be guided by an Alliance Management Board which includes executives from the top of both organisations. In addition, William Beardmore-Gray, Knight Frank’s global head of occupier services, will sit on the Cresa board, while Tod Lickerman, Cresa’s CEO, will attend Knight Frank’s group executive board on a regular basis.
Together, Knight Frank and Cresa have over 16,000 people, across 384 offices in 51 territories.
Alistair Elliott, senior partner & group chairman at Knight Frank, said: 'I am delighted to announce that Knight Frank and Cresa have come together. This is a partnership based on shared culture, values and approach to doing business. Together we have formed an alliance that will focus on the needs of the clients we service, providing strategic advice and delivering a range of first-class occupier solutions.'
Tod Lickerman, CEO of Cresa, said: 'Knight Frank is a natural partnership choice for Cresa due to our aligned values and independent structures. Together we will provide high-level service and resources to our clients around the world. We feel confident that this partnership will strengthen our ability to meet the rapidly changing needs of global occupiers.'
