Global real estate adviser Knight Frank has partnered with local commercial property specialists Rennie Property.
Trading as Rennie | Knight Frank, the partnership will solidify Knight Frank’s position as one of the biggest real estate advisers in Africa while providing a gateway for existing Rennie Property clients to the greater international market.
Knight Frank has been operating on the African continent since 1964 and provides integrated consulting and transactional services. The firm has undertaken assignments in 50 of the 54 African countries and it employs more than 500 people in its network of over 20 local offices.
Knight Frank is currently represented in South Africa through Knight Frank Residential and Knight Frank Valuations / Advisory.
“Rennie | Knight Frank will further cement our position in South Africa and create a formidable partnership as a multi-faceted property service offering which will benefit our collective clients” comments Susan Turner, Managing Director of Knight Frank Residential / Valuations.
“We have been working with Knight Frank informally as their South African commercial representative over the last twelve months. Despite travel restrictions imposed by Covid-19, the international connectivity already fostered with the firm, has proven to be a game changer. We have not only won sizeable appointments in South Africa arising from Knight Frank’s multi-national operating platform, but we have also been able to introduce our local South African clients to international investors looking for opportunities in the country” says Steve Rennie, co-founder of Rennie Property together with Nikki Paige who says: “Johannesburg has always been a key market for us and for Knight Frank, and given it is the economic hub of South Africa, we look forward to rolling out our strategic expansion plans there while continuing to grow our national operating footprint.”
Nikki Paige adds, “Our clients trust us to maximise their property investments and add value through our proactive approach to management. Under the current constraints of the global pandemic and with the shifts within the commercial property sector, we will continue to apply our property solutions and individual focus to our clients’ interests; an approach which aligns well with Knight Frank.”
Rennie | Knight Frank will offer a full suite of commercial property services including property management, commercial leasing, and sales broking.
Alistair Elliott, Senior Partner & Group Chairman at Knight Frank says: “As Knight Frank celebrates its 125th anniversary, I am particularly excited to announce Rennie | Knight Frank. It is partnerships such as this that are a fantastic reflection of our commitment to growing our global platform and offering our clients unparalleled service and expertise. With Knight Frank Valuations/ Advisory and Residential teams already in place in South Africa, we look forward to building on our operating footprint across the country.”
James Lewis, Managing Director Knight Frank MEA adds: “I am delighted to be working with both Nikki, Steve and the wider team to further enhance the service levels in South Africa and the wider continent.”