Savills UK has announced the acquisition of Parkes & Associates, a property management business located in Guernsey specialising in both residential and commercial property.
Established by owners Keith and Ros Parkes, the local business comprises of five members of staff who will all transfer over to Savills with immediate effect and form part of the firm’s existing property management team in the Channel Islands.
Tony Rowbotham, head of Savills Guernsey, comments: “Parkes & Associates is a well-established brand in the Channel Islands and we are delighted to welcome them into the business. Their experience and expertise in property management will fit perfectly into our existing block management and buy-to-let management business lines. We look forward to expanding our offer through this acquisition as well as working with our new colleagues and their clients.”
Keith Parkes adds: “We are delighted to join forces with Savills and look forward to working with the existing teams in the Channel Islands and beyond to provide an enhanced level of service and expertise to our clients.”
This latest expansion follows Savills acquisition of Martel Maides in the Channel Islands at the end of 2018.