PropertyEU
Savills signs strategic partnership in the US
Date: 5 May 2011
Category: Brokers
International real estate advisor Savills has announced the formation of a strategic alliance with CresaPartners - North America's largest specialised tenant representation firm. The arrangement will see Savills and CresaPartners providing a tenant representation service to international clients in Europe, Asia Pacific and North America.

CresaPartners comprises over 55 offices across North America with over 775 employees. Headquartered in Boston, it was formed in 1993 and is now North America's largest corporate real estate advisory firm that exclusively represents tenants. Together, Savills and CresaPartners will have a global platform of over 250 offices.

'Increasingly our international occupier clients are wishing to diversify and expand their operations as global markets improve. This new strategic alliance with CresaPartners will now enable us to better service the needs of these clients as they expand into new markets,' said Jeremy Helsby, CEO of Savills.

He added: 'It will also give CresaPartners' clients access to the Savills international network of offices in particular our very strong Asian business where we are seeing an increased demand for space from all sectors.'
 
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Savills signs strategic partnership in the US