Agents Savills UK has announced the acquisition of Parkes and Associates, located in Guernsey.
Parkes and Associates is a property business which specialises in residential and commercial property.
The business consists of five members of staff, who will transfer to Savills UK with immediate effect and form part of the firm’s existing property management team in the Channel Islands.
Keith Parker, owner of Parks and Associates. said: “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.”
Tony Rowbotham, head of Savills Guernsey added: “Parkes and 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.”
The latest expansion follows Savills acquisition of Martel Maides in Gurnsey at the end of 2018.