Property adviser Savills is opening a new office in Sweden following the acquisition of a four-man team from CB Richard Ellis in Gothenburg. They will join Savills existing business in Sweden on 9 December 2010, establishing a second office alongside its Stockholm headquarters.
Property adviser Savills is opening a new office in Sweden following the acquisition of a four-man team from CB Richard Ellis in Gothenburg. They will join Savills existing business in Sweden on 9 December 2010, establishing a second office alongside its Stockholm headquarters.
The team comprises head of office Anders Rydstern, Leif Johansson, Andreas Berggren and Henrik Roderhult. They will provide valuation and investment transaction advice to both domestic and international investors. The team will form a platform for a full-service office in Gothenburg and will expand to meet client demand.
Ulf Nilsson, head of Savills Sweden, said: 'The Gothenburg team bring a wealth of experience with both international and domestic clients. Swedish real estate transactions have, over the past couple of years, been characterised by domestic players but as activity picks up with the re-emergence of foreign players, we will be in a strong position to help them with a wider geographical coverage and deep knowledge of the properties in this market.'
PropertyEU reported earlier this month that Europe's leading real estate advisers are back on the recruitment trail after seeing staff numbers drop by as much as 17% in 2009.
After seeing staff numbers fall 7% in 2009, Savills is now aiming to rebuild the business and grow new teams in virtually every country where it can although the emphasis will be on France and Germany. CEO Jeremy Helsby told PropertyEU, 'We want to grow a more balanced business across Europe, filling gaps in the services we provide so we can offer a comprehensive service to clients. There are pieces of the jigsaw missing in a number of countries where we are active, be that property management, leasing or valuation.'
Click on the link below to read: Brokers back on hiring trail