Pictured above: Knight Frank National Head of Capital Markets Australia, Justin Bond
Global real estate consultancy firm, Knight Frank, and Berkadia, a leader commercial real estate and joint venture of the esteemed US firm Berkshire Hathaway and Jefferies Financial Group, have announced a new alliance to provide capital markets services to multi-market clients worldwide.
The alliance aims to establish a top-tier global capital markets platform, offering clients access to the most active cross-border investors, international institutions, banks, and sovereign wealth funds. The platform will span all major capital hubs and sources of capital, including the US, Asia Pacific, Europe, the UK, and the Middle East.
Knight Frank boasts the world's largest privately-owned capital markets platform, offering unparalleled access to global capital, including institutional, sovereign, and private wealth. The company's Private Office network connects with over 5,400 ultra-high-net-worth individuals.
Knight Frank National Head of Capital Markets Australia, Justin Bond, expressed his excitement for the alliance: "The North American region is an important part of our global reach and we believe our partnership with Berkadia will lead to greater market intelligence, data, global insights and access to the world’s most active cross-border investors.”
Berkadia is a US-based capital markets advisory firm with a proven track record, having originated over $75 billion in commercial loans and advised on $48 billion in asset sales over the past two years. Collectively, the two firms host a global network of over 22,750 people across 558 offices in 57 territories.
CEO of Berkadia, Justin Wheeler, commented: “This newly formed alignment between our two firms will have innumerable benefits for clients on both sides."
The Knight Frank Berkadia alliance is founded on compatible vision, leadership and culture, with complementary areas of expertise. The alliance's extensive network will enable clients to navigate global capital markets more effectively and have access to a wider range of resources and opportunities to maximize their property values. With this alliance, they will be among the top multifamily brokers globally.
Both companies recognise the demand for a truly global capital markets service offering and are committed to a long-term partnership. An Alliance Management Board, including senior executives from both firms such as Neil Brookes, Knight Frank's Global Head of Capital Markets, and Keith Misner, Berkadia's Co-Head of Investment Sales, will oversee the alliance and meet quarterly. Additionally, the alliance will establish a Knight Frank presence in the United States through secondment, as well as a Berkadia presence in Knight Frank's London headquarters.
