CresaPartners and Savills Join Forces

BOSTON-CresaPartners LLC and Savills plc are forming a partnership which will enhance the two firms' presence in overseas markets. CresaPartners, based here, is looking to expand its platform into Europe where Savills is dug in. Savills will likewise take advantage of CresaPartners' US expertise to assist the globalization of their platform.

"It's been in the works for a while," explains Jeffery Gage, managing principal of CresaPartners' Norwalk, CT office. He notes that Savills is a well-capitalized European entity and that many CresaPartners' clients are looking to Europe and abroad for investments and this alliance will give CresaPartners a worldwide presence, starting immediately. "We're ready to go."

Jeremy Helsby, CEO of Savills plc notes, in a release, "Increasingly our international occupier clients are wishing to diversity and expand their operations as global markets improve," and that this combination will allow Savills to service their clients "as they expand into new markets."

CresaPartners will give Savills access to its expansive US network, while Savills can help CresaPartners, particularly in their west coast offices, acces to its Asia Pacific business in addtion to its European connection. The companies, however, will remain separate entitites.