Savills UK has acquired Montagu Evans Channel Islands, creating the firm's first presence in Guernsey. The move will also see Savills expand its current residential offer in Jersey to provide full real estate services across the Channel Islands.
'This acquisition provides a strategic opportunity for us to expand the Savills brand across the Channel Islands with a commercial presence that will complement and augment our existing residential offer in Jersey. The two offices combined will provide a leading multi-discipline real estate service supported by our UK and wider international network,' commented Mark Ridley, CEO of Savills UK and Europe.
Based in St Peter Port, Montagu Evans Channel Islands Limited, which is a seperate company to Montagu Evans, will change its name to Savills Channel Islands.
Its nine employees, lead by managing director Tony Rowbotham (pictured), join Savills with immediate effect.
