What is the story about?
What's Happening?
Savills has appointed Louis Keighley to lead its global residential development consultancy. Keighley, who has been with Savills since 2016, specializes in strategic advisory services for residential, mixed-use, and integrated resort developments worldwide. In his new role, he will work with investors, developers, and brands, offering services such as development consultancy, project feasibility, brand premium assessment, operational advisory, brand search, contract negotiation, and capital markets. Keighley expressed enthusiasm for leading the growing department, highlighting the rapid expansion of branded residences.
Why It's Important?
Keighley's appointment is significant as it reflects Savills' commitment to expanding its global residential development consultancy services. This move is likely to enhance Savills' ability to provide comprehensive advisory services to its clients, thereby strengthening its position in the competitive real estate market. The focus on branded residences indicates a growing trend in the real estate industry, where developers are increasingly seeking to differentiate their offerings through branding and premium services. This could lead to new opportunities for investors and developers looking to capitalize on this trend.
What's Next?
With Keighley at the helm, Savills is expected to further develop its consultancy services, potentially leading to new partnerships and projects in the residential sector. The firm may also explore opportunities to expand its services into new markets, leveraging Keighley's expertise and experience. Stakeholders, including investors and developers, will be watching closely to see how Savills' consultancy services evolve under Keighley's leadership.
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