Best Property Consultancy (Malaysia & Vietnam)

Jan 25, 2013 | Comments 0

Savills

Since entering the Asian market in the 1990s, Savills has firmly established itself as a top agent in various countries across the region and, based on almost two decades of experience, now offers a range of property consultancy services to major clients.

After a fruitful Thailand Property Awards 2011, which saw the firm take home Best Overseas Property Agent, Savills tasted success in three categories spanning different countries at this year's SEAPAs and TPAs, winning Best Property Consultancy (Vietnam), Best Property Consultancy (Malaysia) and a second consecutive TPA for Best Overseas Property Agent for its involvement in flagship London developments such as NEO Bankside and Fitzroy Place.

The global agent was also behind some of the most significant transactions in Vietnam over the last 12 months, including Regus' acquisition of 739 sqm at Sentinel Place and the closure of Constrexim's Keangnam Landmark deal, which consequently swayed the judges decision to award Savills Best Property Consultancy (Vietnam).

"We have the largest number of employees in comparison with any real estate consultancy in the country. Savills has grown from around 700 staff in 2010 to over 900 currently," Vietnam-based managing director Neil MacGregor said. "Futhermore, Savills is very strong in all of our service lines including the core agency roles such as leasing and residential sales, as well as property management, valuation and research. Our property management team now manage around 70 buildings in Vietnam and this department is relatively unaffected by the current market situation."

Malaysia's property sector was one of the region's strongest over the last 12 months and leading consultancy Savills' affiliate Rahim Co was duly rewarded for its 2012 achievements, winning Best Property Consultancy (Malaysia). The firm, which has had a presence in the country since 1976, oversaw sales totalling an estimated US$249.1 million, including the US$122.6 million transaction of Ipoh Parade and Klang Parade shopping malls.

"The sale of Ipoh Parade and Klang Parade shopping malls was our largest deal of the year and was also among the largest investments by a foreign company in Malaysian real estate during this period," managing director Robert Ang said. "The deal, which involved the sale of multi-let retail malls was complex and posed many challenges to which we found immense satisfaction in resolving to the benefit of both buyer and seller."

Ang said that the majority of Rahim Co's clients are now primarily foreign investors, looking to cash in on Malaysia's bourgeoning property market, adding that the trend is expected to continue.

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Filed Under: Awards Showcase • South East Asia Property Awards

Article source: http://www.thethailandlinks.com/2013/01/26/best-property-consultancy-malaysia-vietnam/