Knight Frank Malaysia acquires Property Hub to better serve the residential real estate market
Knight Frank Property Hub in Malaysia will operate as the focal residential, project marketing and international project marketing arm, leveraging Property Hub’s residential sub-sale and mid-to-high-end markets experience.
Property Hub will integrate with Knight Frank Malaysia’s residential operations, acting as the key element of the company’s residential agency network.
A new management structure, complemented by future new hires will bring the joint venture in-line with Knight Frank’s global practices and to bolster the team.
Sarkunan Subramaniam, group managing director of Knight Frank Malaysia, welcomed Benjamin Tee and team to Knight Frank Malaysia.
"We have worked collaboratively to successfully complete the transaction of Block N at Jaya One between Worldwide Emergency Assistance Sdn Bhd and Luxchem Corp Bhd.
With the combination of our 600+ professionals in Malaysia, this will enhance Knight Frank Malaysia’s ability to provide comprehensive solutions for clients in any market across the country.”Subramaniam said.
“We are excited to become part of the Knight Frank global family in addressing today’s constantly evolving real estate landscape.
This joint venture aligns with our vision to provide our clients with a full range of services, including valuation, capital markets, corporate services and property management, while leveraging our expertise in residential sales and leasing as well as project marketing.
Our shared values and unique qualities will enhance our market impact and reach as we continue to deliver a premier real estate experience to our clients, our partners and our people.” said Benjamin Tee, managing director, Knight Frank Property Hub and Co-founder of Property Hub).
Kevin Coppel, managing director, Asia Pacific, commented: “As we are celebrating our 20 years of progress in Malaysia, I am delighted to welcome the Property Hub team which will add to Knight Frank’s global network.
One essential part of growing our business worldwide is to find the right cultural fit with partners who align with our values. With the team at Property Hub; we are confident that we have found them.”
Victoria Garett, head of residential Asia Pacific, added, “The residential property market is anticipated to gradually recover this year, and this joint venture could not be better timed as this strengthens our leading position in Malaysia.
I look forward to collaborating with the Knight Frank Property Hub Sdn Bhd team and helping them reach new heights”.