Cordea Savills has expanded its international network of offices with the opening of an office in Dublin, Ireland. The main focus of this office will be to provide high net worth private investors in Ireland with access to attractive commercial and residential property investment opportunities sourced through Cordea Savills' existing European office network.
The establishment of Cordea Savills in Ireland follows the acquisition last year by Savills of the property business Hamilton Osborne King. A subsidiary company of Hamilton Osborne King called HOK Investors, which targeted HNWIs with property syndications, has now been re-branded Cordea Savills.
The Dublin office is headed up by Matt Jones, whose mandate is to develop the existing business by expanding the client base and broadening the product range. He joined the company in January this year from Quinlan Private, the international property investment and advisory group, where he was a director of their private client division. Matt is a chartered accountant, having qualified with KPMG in 1998 after graduating from Trinity College with a degree in economics in 1995.
Justin O'Connor, Chief Executive Officer for Cordea Savills, commented, "Our marketing strategy for the UK and Ireland are similar in that private investors, especially high net-worth individuals and family offices, will be targeted with similar types of investment opportunities. As a result, there will be significant synergies between our UK and Irish operations."
Matt Jones, Head of Ireland, commented, "As well as offering syndicated deals, which have been the mainstay of Irish property investors in the past, Cordea Savills will meet increasing demand from Irish investors for fund-based investment in alternative property sectors."
Dublin is the latest addition to Cordea Savills' business, which includes offices in London, Munich, Milan and Paris.