| 8 May 2007 |
 
|
Adam Sheriff Scott has been appointed Director of Leasing and Corporate Client Group within its Office Agency Services department at Knight Frank.
With a large number of professional development projects in the office market that require a comprehensive approach, Knight Frank have decided to reinforce its office team.
Adam Sheriff Scott who has been involved in office lettings for over 8 years in several large western companies has accumulated diverse and thorough knowledge in this sphere. In 2005-2007 Adam was based in Prague as Director of Leasing and Tenant Representation at Colliers. From 2000 to 2005 he was responsible for key client accounting in the office lettings department of Cushman & Wakefield in Toronto, Canada.
At Knight Frank Adam will focus on account management for corporate occupier clients, developers and the growth of these business lines for Knight Frank across Russia and the CIS.
Andrey Petrov, Knight Frank’s partner, who supervises Office Agency Services and Business Development in Russia and the CIS, points out a new trend currently observed in the market – an increasing number of large-scale multi-use projects. ‘New developments in Moscow are growing larger, more complex and professional. Growing competition results in a shift in the key roles in the office market. The market is gradually becoming more client-oriented, and potential tenants’ requirements are no longer limited to high development quality. For rapidly growing Russian and international companies another important factor that increases the marketability of Grade A and B projects is professional advice in letting and sales transactions.’
‘In contrast to the office markets of Central and Eastern Europe, Russia has a great growth potential. Many large companies who successfully operate in Europe are interested in further expansion and come to seek office space in Moscow and Russia’s large regional cities. Compared to their Russian counterparts they have clear cut requirements to transaction schemes that should meet their corporate standards. The task of international consultancies such as Knight Frank is to meet their expectations and tailor these requirements to the Russian market’ with a high level of professional service, explains Adam Sheriff Scott, Director of Leasing and Corporate Client Group within its Office Agency Service department at Knight Frank.
Established in London more than a century ago, Knight Frank is the renowned leader of the international real estate market. Together with its strategic partner, Newmark, Knight Frank has a network of more than 165 offices in 37 countries with a total staff of 5,300 professional employees.
Since 2003 Knight Frank has been providing a full range of consulting and agency services across all the market segments, including residential in Russia.
Over ten years Knight Frank has lead the prime quality office market. In 2006 the total value of transactions made with Knight Frank’s participation amounted to $450 million.
Representing landlords, our consultants integrate Knight Frank’s invaluable international experience, including that of the exclusive instruction to let the largest office complex in Western Europe – Canary Wharf in London.
Among our current instructions are such large-scale projects as Nagatino i-Land (OAO ‘Moskovsky Business Incubator’), the Nothern Tower Grade A business centre (ZAO ‘Severnaya Bashnya’), Citydel (ZAO ‘Tema’), etc.
Providing advice to tenants and landlords Knight Frank specialists solve complex tasks within reasonable timeframes by using their thorough knowledge of the market and hands-on experience together with corporate reporting and quality control standards.
|
