International real estate adviser Savills has launched a new corporate finance department in the Netherlands. The team consists of Otto Rompelman and Ian Ruinen, who join Savills from SNS Property Finance, and will focus on equity and debt financing advisory and transaction services. Along with financial restructuring, the corporate finance team will connect buyers and vendors of real estate loans and loan portfolios.

Dave Hendriks, chairman of Savills in the Netherlands, said: 'We recognised a growing need among clients for corporate finance services and the expansion fits perfectly with our growth strategy.'