Lucas Fox has formed a new residential association with international real estate advisor Savills.
The association will give Lucas Fox and its clients full access to Savills’ global business network, including its offices in London, Paris, Moscow, Miami, New York, Dubai, Beijing, Hong Kong, Cape Town and Sydney.
The company will co-brand as “Lucas Fox – An International Associate of Savills”, reflected on the company website, Property Lounges and on all marketing materials.
Founded in 1855 and with its headquarters in London, Savills is listed on the London Stock Exchange and boasts an international network of more than 600 offices and over 30,000 employees. Last year Savills acquired Aguirre Newman, making it one of the leading commercial real estate businesses in Spain.
Lucas Fox will continue to operate as a fully independent company but will benefit from being the official associate partner for all Savills clients wishing to buy or sell residential property in Spain.
Lucas Fox has already been working closely with Savills on various different projects over the past two years and has established a good working relationship with their London Head Office.
“Savills is a major global player in the prime residential property market so this is a huge opportunity for both our resale and New Development businesses to capitalise on an association with a recognised and respected market leader,” explains Lucas Fox co-founder Alexander Vaughan. “It also allows us to offer the full spectrum of non-residential property services to our client base. Savills interest in forming an official association with Lucas Fox is a tremendous endorsement of our brand, our operations and our employees. We believe that the relationship will take our business to a whole new level, giving us the opportunity to further professionalise and develop, both as a company and individually.”
“Spain is a key market for us,” explains Hugo Thistlethwayte, Head of International Residential, Savills. “This strategic alliance means that, alongside the Savills Aguirre Newman team, we can advise clients on all of their Spanish real estate requirements from development and land opportunities to purchasing a primary home in Madrid, a second home in Ibiza or leasing office space in Barcelona.”
Arturo Díaz, Residential Executive Director, Savills Aguirre Newman, added: “Lucas Fox is a renowned and prestigious brand and this partnership means that we can increase the scope and quality of residential services that we offer, as well as our geographical coverage across Spain.”