CresaPartners forges alliance with Savills

CresaPartners LLC has formed a strategic alliance with international real estate advisor Savills, an arrangement that will allow CresaPartners and Savills the ability to provide service to international clients in North America, Europe, and Asia Pacific. Savills plc is a global real estate services provider listed on the London Stock Exchange. The firm has an international network of more than 200 offices in 40 countries and offers a broad range of specialist advisory, management and transactional services to clients all over the world. Savills has ranked number one in the real estate sector in the UK for eleven years, in a turnover survey by trade publication Estates Gazette and ranks fourth in the European and Global categories. CresaPartners comprises over 55 offices across North America with over 750 employees. Headquartered in Boston, it was formed in 1993 when leading regional tenant representation firms joined forces. Together, Savills and CresaPartners will have a global alliance of over 250 offices and 22,350 employees. "This alliance will allow us to provide client service seamlessly across global markets," said Bill Goade, CEO, CresaPartners. "North American clients continue to expand into Asia Pacific and Europe, and Savills extensive platform of offices and expertise in these markets will provide significant benefits for our clients." Jeremy Helsby, CEO of Savills plc said, "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. In particular it will give CresaPartners' clients access to our very strong Asian business where we are seeing an increased demand for space from U.S. and European occupiers from all sectors including corporate, professional and industrial. We are continuing to expand our global tenant representation platform both in Europe and Asia Pacific to better service the needs of our growing client base." "This alliance is an important step in the growth of our Integrated Services," said Marcus Rayner, managing principal of CresaPartners' New York office. "We've always operated internationally, but the ability to provide such a comprehensive service platform in Asia is particularly exciting."