Berkadia is a leader in the residential living sector in the US, and Knight Frank holds a leading position in the UK for the private rental sector.
SINGAPORE (EDGEPROP) - International real estate consultancy Knight Frank has teamed up with Berkadia, a commercial real estate and joint venture of Berkshire Hathaway and Jefferies Financial Group, to set up a global capital markets platform.
This will offer multi-market clients access to cross-border investors, international institutions, banks, and sovereign wealth funds. The new capital markets platform spans all major hubs and sources of capital around the world.
According to a press release from Knight Frank, the partnership comes amid a surge in investment activity from US-dollar investors keen to capitalise on “a strong dollar and interest in diversifying portfolios and targeting liquidity across a wide geographical and sectoral range”.
It adds that 30% of inbound capital to the Asia Pacific this year is expected to come from the US, and more than 20% of Asia Pacific’s outbound activities are expected to flow into various sectors across the US.
Berkadia is a leader in the residential living sector in the US, and Knight Frank holds a leading position in the UK for the private rental sector. “Living sectors have emerged as a key growth area for Asia Pacific investors. Asia Pacific cross-border investments into living sectors globally recorded a total volume of around US$10.7 billion [$14.8 billion] in 2022 — a 95% increase y-o-y compared to 2021,” the press release says.
“This alliance is centred on prioritising our clients’ needs and providing them with a truly global capital markets service offering,” says Neil Brookes, global head of capital markets at Knight Frank.
Justin Wheeler, CEO of Berkadia, adds that the alignment between the two companies will have innumerable benefits for clients on both sides.
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