KNIGHT Frank has appointed Tim Armstrong as global head of occupier strategy and solutions, after a three-year period in which the team more doubled the size real estate portfolios managed on behalf of clients.
Based in Singapore, Armstrong will the new role effect immediately, taking over from William Beardmore-Gray who is moving into a new role as senior partner and group chair in April.
Armstrong joined Knight Frank in Australia in 2007 and brings over 20 years of experience in transaction management and advisory, working with occupier and landlord clients across both the office and industrial sectors.
He has expanded the scope and capability of the global portfolio solutions business in line with growing demand for real estate outsourcing from corporate clients.
Alistair Elliott, senior partner and group chairman at Knight Frank, said, “Tim is extremely well-placed to lead our global occupier business, growing the offer and expertise we deliver to our diverse range of clients. Under his leadership, the APAC team has significantly advanced, winning global mandates and recruiting top talent. Tim’s leadership from Singapore reflects the strategic intent of our business to expand our operations across the region and future-proof our firm with key roles based outside of the UK.”
“During Will’s tenure in charge of Occupier Strategy and Solutions, we have seen a substantial shift in productive collaboration and accounts won. We are very grateful to him for all he has done.”
Armstrong said, “Whilst the past 18 months have seen seismic changes to the world of work and the way we conduct business, we continue to provide our occupier and landlord clients with first-class advice and bespoke solutions that keep them one step ahead of today’s rapidly evolving landscape”.
Knight Frank has made a number of key senior hires this year including Dan Whitmore, head of global portfolio solutions for Asia Pacific, Guillaume Raquillet, head of occupier strategy and solutions in France and Andrew Love, head of occupier strategy and solutions and capital markets in the Middle East.
The firm recently announced a US partnership with Cresa for their global portfolio solutions businesses, putting investment in bespoke technology and research capabilities to provide innovative occupier solutions.