Global property consultancy Knight Frank, and Cresa, the world’s largest occupier- centric commercial real estate firm, have announced their new partnership to deliver occupier real estate services globally.

Together, Knight Frank and Cresa have over 16,000 people, across 384 offices in 51 territories.

Knight Frank Australia CEO James Patterson said he was excited about the global opportunities the new partnership presented for the local business.

“Our strategic alliance with Cresa creates the largest occupier-focused global platform, with both firms cross-selling services and sharing insights to provide an unrivalled understanding of emerging and established markets around the world,” he said.

“Based on shared culture, values, and approach to doing business, this new partnership is significant for Knight Frank Australia.

“Our alliance will focus on the needs of the clients we serve, enabling us to provide strategic advice and a depth of expertise to our occupier clients, delivering a range of first class solutions to cater for their needs.”

The partnership between Knight Frank and Cresa is founded on complementary capabilities, shared values and the commitment of their independent partner owned companies.

Together they offer an integrated platform of services directed at corporate end users, providing a truly global solution for occupier clients.

Knight Frank and Cresa have partnered their Global Portfolio Solutions businesses, placing significant investment in bespoke technology and research capabilities to provide innovative occupier solutions.

Both parties see a client need for truly focused occupier services worldwide and are coming together in a committed partnership for the long term.

The partnership will be guided by an Alliance Management Board including executives from the top of both organisations. In addition, William Beardmore-Gray, Knight Frank’s Global Head of Occupier Services will sit on the Cresa Board, while Tod Lickerman, Cresa’s CEO, will attend Knight Frank’s Group Executive Board on a regular basis.

Cresa CEO Tod Lickerman said: “Knight Frank is a natural partnership choice for Cresa due to our aligned values and independent structures.

“Together we will provide high-level service and resources to our clients around the world.

“We feel confident that this partnership will strengthen our ability to meet the rapidly changing needs of global occupiers.”