Knight Frank to combine its two property asset management arms
It also announces three new executive appointments; separately, CBRE names a new executive director
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KNIGHT Frank Singapore will amalgamate its property asset management businesses - Knight Frank Estate Management and Knight Frank Asset Management - with effect from April 1, 2016. Following the amalgamation, the entities will operate under the name Knight Frank Property Asset Management (KFPAM) and have a total staff strength of over 450.
The amalgamation will make KFPAM one of the largest property and asset management companies in Singapore with a portfolio of 130 strata-titled developments (with over 28,000 units) and six million square feet of commercial space, across 31 projects - retail, office, industrial and state, said the real estate consultancy.
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