Property consultant Knight Frank has announced the unification of its UK and continental European operations into a single partnership. From 1 May 2008 the company's will align its operations in continental Europe with its UK and Irish offices. From that date Knight Frank will have 100% ownership of its offices in the Czech Republic, Belgium, France, Hungary, and Spain. The company currently has 38 offices in 11 different countries. The next phase of the integration strategy will include offices in Germany, Poland, Russia, and Ukraine.
Property consultant Knight Frank has announced the unification of its UK and continental European operations into a single partnership. From 1 May 2008 the company's will align its operations in continental Europe with its UK and Irish offices. From that date Knight Frank will have 100% ownership of its offices in the Czech Republic, Belgium, France, Hungary, and Spain. The company currently has 38 offices in 11 different countries. The next phase of the integration strategy will include offices in Germany, Poland, Russia, and Ukraine.
Chris Bell, managing director Europe, Knight Frank said: 'Our continental European business is thriving. We have always been focused on growth and in the last few years, have opened new offices in: Moscow, St Petersburg, Kiev, Gdansk, Wroclaw, Budapest, Dublin, and Munich. Since then our turnover has increased to £60 mln (EUR 78.4 mln), and staff numbers stand at 820. However, we recognised a need to provide a coherent European business which truly incorporates the UK and the continent. Running Europe as a single business and where appropriate, bringing overseas partners into the main Knight Frank Partnership, will provide our clients with the best people and platform into and throughout Europe.'
