Actual property consultancy Knight Frank has launched a non-public workplace in Australia for prime web price purchasers.
The workplace will function with the assist of its Australia and New Zealand companions, McGrath Property Brokers and Bayleys.
Knight Frank will provide an acquisitions, gross sales and funding service throughout each actual property sector.
James Patterson, chief govt of Knight Frank, mentioned: “We’re excited to launch a brand new Non-public Workplace in Australia.
“We consider the timing is true given the robust partnerships now we have fashioned lately with McGrath and Bayleys, and the excessive demand from personal capital.
“Our providing shall be considerably bolstered by not solely Knight Frank’s world community, however the networks of those companions.
“Collectively this footprint across the globe supplies our Non-public Workplace purchasers with unparalleled experience, connections and alternatives.
“We stay up for cementing Knight Frank’s world place as a trusted accomplice for the world’s wealthiest purchasers.”
Knight Frank additionally has personal places of work in London, Hong Kong, Singapore, Dubai and Jeddah.
Ari Petrovs is heading up the Australia workplace, who beforehand ran his personal improvement, advisory and challenge advertising and marketing agency referred to as The Petrovs Property Kompany.
Earlier than that he held a variety of roles at business actual property agency CBRE.
The personal workplace crew may even encompass ambassadors, together with Knight Frank chief govt James Patterson, McGrath chief govt John McGrath, McGrath head of worldwide and personal purchasers Adam Ross and Bayleys chairman and managing director Mike Bayley.
Knight Frank and New Zealand-based Bayleys, each privately owned, have had a strategic relationship since 2018, and collectively in June 2024 the 2 companies acquired a controlling stake in McGrath.
John McGrath, chief govt of McGrath, mentioned: “Australia’s rising wealth panorama has created a transparent want for a complicated Non-public Workplace providing; one which delivers discretion, technique and true world attain.
“By this partnership, we’re uniquely positioned to help the true property necessities of high-net-worth households and people, accessing Knight Frank’s worldwide community and deep market intelligence.
“Now we have already developed a powerful working relationship with them globally that has resulted in some glorious transactions for McGrath and our purchasers, so to have a devoted crew right here in Australia, I consider shall be invaluable for our purchasers.”
