MIAMI—Fortune International Group and Savills plc just formed a strategic alliance that could make an impact on Miami's commercial real estate scene. The companies expect the synergies to drive growth opportunities by extending the business reach of both firms.

“Miami's international reputation for the most luxurious residential developments has placed it among the world's leading real estate markets,” Edgardo Defortuna, founder, CEO and president of Fortune, tells GlobeSt.com. “Aligning with Savills opens up our global reach even further, and puts this Fortune International Group and this alliance in a strong and one of a kind position."

Fortune will connect to Savills' global network, which spans over 600 offices across Europe, Asia Pacific, Africa, the Americas and the Middle East. Savills offers specialist advisory, management and transactional services to clients all over the world. 

Savills, on the other hand, will have broader connections in Florida's commercial property market. Fortune and its brokerage division, Fortune International Realty, have 1,000 associates in 15 offices in Florida from Orlando to Miami to Key Largo, and a strong presence in Latin America.

The combined Fortune companies have completed $3.5 billion in sales each year for the last three years. In the last two years, over 80% of those sales have been to foreign nationals originating from 82 different countries. Jade Signature, Jade Ocean, The Ritz-Carlton Residences Sunny Isles Beach, Hyde Resort & Residences in Hollywood, FL, and Auberge Beach Residences and Spa Fort Lauderdale are among Fortune's high-profile projects.

“Fortune International Group complements our existing US Associates in New York, Los Angeles, and San Francisco,” says Rupert Sebag-Montefiore, head of global residential, Savills. “The Miami real estate market is now one of the strongest and most international residential markets in the world, making Fortune's membership of an international network all the more relevant.”