What's Happening?
Global property consultancy Knight Frank has announced the appointment of Paul Davinson and Ross Haywood as partners to strengthen its northern business rates team. Both Davinson and Haywood join from JLL and will be instrumental in supporting the growth
of Knight Frank's regional ratings offering. Their roles will cover the Northern Hub, which includes key cities such as Leeds, Sheffield, Newcastle, and Manchester. The appointments come at a time when the demand for specialist advice in business rates is increasing due to the evolving and complex landscape affecting both property owners and occupiers. Eamon Fox, partner and head of Knight Frank’s Leeds office, emphasized that these strategic hires are part of the firm's commitment to expanding its business rates services across the North, marking a significant milestone for the team.
Why It's Important?
The expansion of Knight Frank's business rates team is significant as it addresses the growing need for expert advice in a complex and evolving market. Business rates are a critical component of commercial property costs, and changes in this area can have substantial financial implications for businesses. By bolstering its team with experienced professionals like Davinson and Haywood, Knight Frank is positioning itself to better serve its clients' needs, potentially leading to more informed decision-making and cost savings for businesses. This move also underscores the firm's commitment to maintaining its competitive edge in the property consultancy market, particularly in the northern regions of the UK.
What's Next?
With the new appointments, Knight Frank is expected to enhance its service offerings and provide more comprehensive advice to its clients. The firm will likely focus on leveraging the expertise of Davinson and Haywood to navigate the complexities of the business rates landscape. As the demand for specialist advice continues to grow, Knight Frank may further expand its team or services to meet client needs. Additionally, the firm might engage in more strategic partnerships or initiatives to solidify its position as a leader in the commercial property sector.
