Commercial Property News

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Friday, May 05, 2023

Knight Frank poised for major expansion drive in China

Knight Frank LLP, the independent global property consultancy, announced that it has strengthened its Asia Pacific presence through the merger of its operations in China and Hong Kong with one of Hong Kong's leading valuation and professional consultancy firms to form Knight Frank Petty.

Knight Frank Petty incorporates the business formerly known as Chesterton Petty Ltd and Knight Frank's Hong Kong and China operations. The company will operate in Hong Kong, Beijing, Shanghai, and Guangzhou.

The merged business will deliver a comprehensive range of property consultancy services and employ the greatest number of Chartered Surveyors of any firm in Hong Kong. It will employ over 450 staff in China.

The combined management teams will include Alan Child, chairman of Knight Frank Petty and Colin Fitzgerald, managing director Asia Pacific.

Knight Frank Petty has taken 27,000 sq ft on the fourth and part third floor at Shui On Centre, Hong Kong for its new head office. Following a full refurbishment, the company will relocate in June 2006.