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Wikipedia

Knight Frank

Knight Frank LLP is an estate agency, residential[1][2][3] and commercial property consultancy founded in London by John Knight, Howard Frank and William Rutley in 1896. Knight Frank together with its American affiliate Cresa is one of the world's largest global property consultancies.[4][5][6][7]

Knight Frank LLP
TypeLimited liability partnership
IndustryEstate agents
Founded1896; 127 years ago (1896)
as Knight, Frank & Rutley
FounderJohn Knight
Howard Frank
William Rutley
Headquarters55 Baker Street, London, England
Key people
William Beardmore-Gray, Senior Partner & Chairman
ProductsResidential and commercial property services
Number of employees
+14,000 (2018)
Websitewww.knightfrank.com

Headquartered in London, England, Knight Frank's global network have more than 488 offices across 57 territories and more than 20,000 people handle in excess of US$817 billion (£498 billion) worth of commercial, agricultural and residential real estate annually.[8]

History

Knight, Frank & Rutley is an earlier name of the firm. Sir Howard George Frank, 1st Baronet was an English estate agent, head of the firms of Knight, Frank & Rutley of London and Walton & Lee of Edinburgh and was president of the Estate Agents' Institute from 1912 to 1914.

1897: The first recorded business property sale is achieved in November, when Knight, Frank & Rutley sells a ‘cycle machinery and plant’ business in Battersea for £270 11s 6d.
1911: The Crystal Palace is sold to Lord Plymouth for £210,000.[9]
1914: Howard Frank, the senior partner, is knighted.
1915: Cecil Chubb buys Stonehenge through Knight, Frank & Rutley for £6,600 as a present for his wife Alice. Mr & Mrs Chubb gave it "to the Nation" three years later.
1921: The town of Reigate is sold by Knight, Frank & Rutley for £203,840 – the first time the firm has disposed of an entire town.
1922: The firm handles the sale of Winston Churchill's house and sells Chartwell to him.
1924: The Duke of Westminster sells Grosvenor House in Park Lane through Knight, Frank & Rutley.
1927: The firm advises on the site assembly for the BBC's headquarters, Broadcasting House in London.
1937: Most of the town of Lytham St Annes in Lancashire is sold – including the celebrated golf course.
1974: Fountains Abbey, Yorkshire, dating back to 1132, is sold for £1 million.
1981: In New York, Douglas Elliman Knight Frank sells Pan-American World Airways Intercontinental Hotels Corporation to Grand Metropolitan for $500 million.
1996: On 1 January, ‘Rutley’ is dropped from the Knight Frank name as part of a plan to expand international market share.
2000: Knight Frank sells the Duke of York's Headquarters in Chelsea, London, on behalf of the Ministry of Defence.[10]
2005: The firm is appointed to advise on the development of the London Olympic Village for the 2012 Summer Olympics.
2006: With effect from 1 January, Knight Frank establishes a global real estate partnership with leading New York-based real estate service firm Newmark Knight Frank, formerly Newmark.
2012: February, presents Battersea Power Station to the global property market.[11][12]
2013: Participated in the founding of OnTheMarket[13]
2015: Knight Frank wins the instruction to sell 231 prime residential units within the Royal Atlantis on the Palm Jumeirah, Dubai.[14]

Global House Price Index

The Knight Frank Global House Price Index is compiled using official government statistical office or central bank data where possible.[15][16][17][18][19]

House Price Sentiment Index (HPSI)

The Knight Frank/Markit House Price Sentiment Index (HPSI) provides the earliest view of how the UK housing market is faring. The monthly survey gauges the sentiment of households across the country, and is a lead indicator of future house price movement.[20][21][22]

Country House Index

The Knight Frank Country House Index is a valuation based index, compiled quarterly from valuations prepared by professional valuers in every Knight Frank Country House office in the UK. The index is based on the valuation of a comprehensive basket of properties throughout all United Kingdom regions based on actual sales evidence.[23][24]

Prime Central London Index

The Knight Frank Prime Central London Index, established in 1976, covers the prime central London residential marketplace. The index is based on a repeat valuation methodology that tracks capital values of prime central London residential property.[25]

The Wealth Report

The Wealth Report is an annual publication produced by Knight Frank. The Wealth Report looks at global prime property trends and wealth, and examines the prime and super-prime property markets.[26][27] The Wealth Report focuses heavily on the investment activity of global single and multi family offices. In their latest report of 2018, the Knight Frank Wealth Report expounded on the increase in family office real estate activity, citing both WeWork and the FINTRX Family Office Platform. The report stated that 57% of North American family offices had real estate exposure, while 48% European family offices were currently allocated to the real estate sector.[28]


References

  1. ^ Pollock, Ian (2011-12-28). "House prices: Will they fall or rise in 2012?". BBC News. Retrieved 2013-02-02.
  2. ^ Keates, Nancy (2011-09-16). "Luxury Real Estate: Europe for Sale". Wall Street Journal. Retrieved 2013-02-02.
  3. ^ "Knight Frank: Residential development land price growth slows (UK)". Europe-re.com. 2011-02-04. Retrieved 2013-02-02.
  4. ^ "Knight Frank recruits leading Munich team to open second German office (DE)". Europe-re.com. Retrieved 2013-02-02.
  5. ^ "Vyrnwy estate around Lake Vyrnwy up for sale". BBC News. 2010-07-05. Retrieved 2013-02-02.
  6. ^ Cowie, Ian. . Blogs.telegraph.co.uk. Archived from the original on 2010-08-21. Retrieved 2013-02-02.
  7. ^ Buck, Jonathan (2011-08-04). "High-End London Property Defies Gloom". Wall Street Journal. Retrieved 2013-02-02.
  8. ^ "Deals Competition | Most active agent | EGi". Estates Gazette. Retrieved 2013-02-02.
  9. ^ [1] April 10, 2011, at the Wayback Machine
  10. ^ "Prices in central London set to rocket, says Knight Frank". estateagenttoday.co.uk. Retrieved 2015-11-09.
  11. ^ . Search.knightfrank.com. Archived from the original on 2012-11-23. Retrieved 2013-02-02.
  12. ^ "Battersea Power Station in London on sale". BBC News. 2012-02-24. Retrieved 2013-02-02.
  13. ^ White, Anna (22 November 2014). "Estate agent wars could make it harder to sell your home". The Daily Telegraph. Retrieved 29 November 2015.
  14. ^ "The Royal Atlantis Resort & Residences will open with a record-breaking 90 swimming pools". DOTWNews. Retrieved 2020-02-28.
  15. ^ . Archived from the original on 2010-08-28. Retrieved 2012-01-28.{{cite web}}: CS1 maint: archived copy as title (link)
  16. ^ Cowie, Ian (2013-01-29). . Blogs.telegraph.co.uk. Archived from the original on 2011-12-04. Retrieved 2013-02-02.
  17. ^ Powley, Tanya (2011-12-02). "Global house prices hit by eurozone crisis". Financial Times. Retrieved 2013-02-02.
  18. ^ Chow, Jason (2011-12-01). "Hong Kong Homes Get More Expensive, Faster - Scene Asia - WSJ". Blogs.wsj.com. Retrieved 2013-02-02.
  19. ^ "Knight Frank releases predictions for housing-market in 2012 | Property Report | The trusted source for Real Estate news". Property Report. 2012-01-10. Archived from the original on 2012-09-08. Retrieved 2013-02-02.
  20. ^ . My Knight Frank. Archived from the original on 2012-02-18. Retrieved 2013-02-02.
  21. ^ Powley, Tanya (2011-10-21). "Gloom over prices on the home front". Financial Times. Retrieved 2013-02-02.
  22. ^ Steve Dinneen (2012-01-20). "Property News". City AM. Retrieved 2013-02-02.
  23. ^ Holly Kirkwood. "Country house prices fall year-on-year | News - Property News, News from the Countryside and Culture | Houses for sale, properties for sale". Country Life. Retrieved 2013-02-02.
  24. ^ Warwick, Lucy (2011-07-08). "Wealthy buyers return to country house market". Financial Times. Retrieved 2013-02-02.
  25. ^ Powley, Tanya (2011-10-26). "Property forecasts: 2012 and beyond". Financial Times. Retrieved 2013-02-02.
  26. ^ Frank, Robert (2011-04-06). "India's Rich Are the Most Eager for Yachts and Jets - The Wealth Report - WSJ". Blogs.wsj.com. Retrieved 2013-02-02.
  27. ^ Thomas, Daniel (2010-03-23). "Tax fears drive wealthy away from London". Financial Times. Retrieved 2013-02-02.
  28. ^ "The evolving investment strategies of family office". www.knightfrank.com. Retrieved 2018-10-22.

External links

  • Official website

knight, frank, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, contains, content, that, written, like, advertisement, please, help, improve, removing, pr. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view April 2013 Learn how and when to remove this template message A major contributor to this article appears to have a close connection with its subject It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view Please discuss further on the talk page November 2012 Learn how and when to remove this template message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Knight Frank news newspapers books scholar JSTOR January 2010 Learn how and when to remove this template message Learn how and when to remove this template message Knight Frank LLP is an estate agency residential 1 2 3 and commercial property consultancy founded in London by John Knight Howard Frank and William Rutley in 1896 Knight Frank together with its American affiliate Cresa is one of the world s largest global property consultancies 4 5 6 7 Knight Frank LLPTypeLimited liability partnershipIndustryEstate agentsFounded1896 127 years ago 1896 as Knight Frank amp RutleyFounderJohn KnightHoward FrankWilliam RutleyHeadquarters55 Baker Street London EnglandKey peopleWilliam Beardmore Gray Senior Partner amp ChairmanProductsResidential and commercial property servicesNumber of employees 14 000 2018 Websitewww knightfrank comHeadquartered in London England Knight Frank s global network have more than 488 offices across 57 territories and more than 20 000 people handle in excess of US 817 billion 498 billion worth of commercial agricultural and residential real estate annually 8 Contents 1 History 2 Global House Price Index 3 House Price Sentiment Index HPSI 4 Country House Index 5 Prime Central London Index 6 The Wealth Report 7 References 8 External linksHistory EditKnight Frank amp Rutley is an earlier name of the firm Sir Howard George Frank 1st Baronet was an English estate agent head of the firms of Knight Frank amp Rutley of London and Walton amp Lee of Edinburgh and was president of the Estate Agents Institute from 1912 to 1914 1897 The first recorded business property sale is achieved in November when Knight Frank amp Rutley sells a cycle machinery and plant business in Battersea for 270 11s 6d 1911 The Crystal Palace is sold to Lord Plymouth for 210 000 9 1914 Howard Frank the senior partner is knighted 1915 Cecil Chubb buys Stonehenge through Knight Frank amp Rutley for 6 600 as a present for his wife Alice Mr amp Mrs Chubb gave it to the Nation three years later 1921 The town of Reigate is sold by Knight Frank amp Rutley for 203 840 the first time the firm has disposed of an entire town 1922 The firm handles the sale of Winston Churchill s house and sells Chartwell to him 1924 The Duke of Westminster sells Grosvenor House in Park Lane through Knight Frank amp Rutley 1927 The firm advises on the site assembly for the BBC s headquarters Broadcasting House in London 1937 Most of the town of Lytham St Annes in Lancashire is sold including the celebrated golf course 1974 Fountains Abbey Yorkshire dating back to 1132 is sold for 1 million 1981 In New York Douglas Elliman Knight Frank sells Pan American World Airways Intercontinental Hotels Corporation to Grand Metropolitan for 500 million 1996 On 1 January Rutley is dropped from the Knight Frank name as part of a plan to expand international market share 2000 Knight Frank sells the Duke of York s Headquarters in Chelsea London on behalf of the Ministry of Defence 10 2005 The firm is appointed to advise on the development of the London Olympic Village for the 2012 Summer Olympics 2006 With effect from 1 January Knight Frank establishes a global real estate partnership with leading New York based real estate service firm Newmark Knight Frank formerly Newmark 2012 February presents Battersea Power Station to the global property market 11 12 2013 Participated in the founding of OnTheMarket 13 2015 Knight Frank wins the instruction to sell 231 prime residential units within the Royal Atlantis on the Palm Jumeirah Dubai 14 Global House Price Index EditThe Knight Frank Global House Price Index is compiled using official government statistical office or central bank data where possible 15 16 17 18 19 House Price Sentiment Index HPSI EditThe Knight Frank Markit House Price Sentiment Index HPSI provides the earliest view of how the UK housing market is faring The monthly survey gauges the sentiment of households across the country and is a lead indicator of future house price movement 20 21 22 Country House Index EditThe Knight Frank Country House Index is a valuation based index compiled quarterly from valuations prepared by professional valuers in every Knight Frank Country House office in the UK The index is based on the valuation of a comprehensive basket of properties throughout all United Kingdom regions based on actual sales evidence 23 24 Prime Central London Index EditThe Knight Frank Prime Central London Index established in 1976 covers the prime central London residential marketplace The index is based on a repeat valuation methodology that tracks capital values of prime central London residential property 25 The Wealth Report EditThe Wealth Report is an annual publication produced by Knight Frank The Wealth Report looks at global prime property trends and wealth and examines the prime and super prime property markets 26 27 The Wealth Report focuses heavily on the investment activity of global single and multi family offices In their latest report of 2018 the Knight Frank Wealth Report expounded on the increase in family office real estate activity citing both WeWork and the FINTRX Family Office Platform The report stated that 57 of North American family offices had real estate exposure while 48 European family offices were currently allocated to the real estate sector 28 References Edit Pollock Ian 2011 12 28 House prices Will they fall or rise in 2012 BBC News Retrieved 2013 02 02 Keates Nancy 2011 09 16 Luxury Real Estate Europe for Sale Wall Street Journal Retrieved 2013 02 02 Knight Frank Residential development land price growth slows UK Europe re com 2011 02 04 Retrieved 2013 02 02 Knight Frank recruits leading Munich team to open second German office DE Europe re com Retrieved 2013 02 02 Vyrnwy estate around Lake Vyrnwy up for sale BBC News 2010 07 05 Retrieved 2013 02 02 Cowie Ian Knight Frank Telegraph Blogs Blogs telegraph co uk Archived from the original on 2010 08 21 Retrieved 2013 02 02 Buck Jonathan 2011 08 04 High End London Property Defies Gloom Wall Street Journal Retrieved 2013 02 02 Deals Competition Most active agent EGi Estates Gazette Retrieved 2013 02 02 1 Archived April 10 2011 at the Wayback Machine Prices in central London set to rocket says Knight Frank estateagenttoday co uk Retrieved 2015 11 09 Knight Frank Search knightfrank com Archived from the original on 2012 11 23 Retrieved 2013 02 02 Battersea Power Station in London on sale BBC News 2012 02 24 Retrieved 2013 02 02 White Anna 22 November 2014 Estate agent wars could make it harder to sell your home The Daily Telegraph Retrieved 29 November 2015 The Royal Atlantis Resort amp Residences will open with a record breaking 90 swimming pools DOTWNews Retrieved 2020 02 28 Archived copy Archived from the original on 2010 08 28 Retrieved 2012 01 28 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link Cowie Ian 2013 01 29 Global house prices hit by credit crunch and eurozone crisis but the rich are OK Telegraph Blogs Blogs telegraph co uk Archived from the original on 2011 12 04 Retrieved 2013 02 02 Powley Tanya 2011 12 02 Global house prices hit by eurozone crisis Financial Times Retrieved 2013 02 02 Chow Jason 2011 12 01 Hong Kong Homes Get More Expensive Faster Scene Asia WSJ Blogs wsj com Retrieved 2013 02 02 Knight Frank releases predictions for housing market in 2012 Property Report The trusted source for Real Estate news Property Report 2012 01 10 Archived from the original on 2012 09 08 Retrieved 2013 02 02 Knight Frank and Markit s House Price Sentiment Index HPSI My Knight Frank Archived from the original on 2012 02 18 Retrieved 2013 02 02 Powley Tanya 2011 10 21 Gloom over prices on the home front Financial Times Retrieved 2013 02 02 Steve Dinneen 2012 01 20 Property News City AM Retrieved 2013 02 02 Holly Kirkwood Country house prices fall year on year News Property News News from the Countryside and Culture Houses for sale properties for sale Country Life Retrieved 2013 02 02 Warwick Lucy 2011 07 08 Wealthy buyers return to country house market Financial Times Retrieved 2013 02 02 Powley Tanya 2011 10 26 Property forecasts 2012 and beyond Financial Times Retrieved 2013 02 02 Frank Robert 2011 04 06 India s Rich Are the Most Eager for Yachts and Jets The Wealth Report WSJ Blogs wsj com Retrieved 2013 02 02 Thomas Daniel 2010 03 23 Tax fears drive wealthy away from London Financial Times Retrieved 2013 02 02 The evolving investment strategies of family office www knightfrank com Retrieved 2018 10 22 External links EditOfficial website Retrieved from https en wikipedia org w index php title Knight Frank amp oldid 1137064545, wikipedia, wiki, book, books, library,

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