Savills has announced the completion of its investment into the Merx Group of companies, a leading project management consulting firm operating across Asia. The deal reflects Savills global strategy of continuing to invest in its project management and real estate consulting capabilities.
Merx CEO William Forwood has successfully led a team of some 50 professionals with vast multi-sector experience covering workplace, data centres, industrial, hospitality and retail requirements across Asia. The Merx leadership team of William Forwood, Paul Scroggie and Colin Clark are recognised and highly-regarded professionals within the industry. In addition to continuing in his role as Group CEO of the Merx business, William will also be appointed as Managing Director, Savills Project Management Asia.
William Forwood commented “The joining of forces between Merx and Savills represents a significant next step for the business that we have built and nurtured for more than 20 years. The business and its reputation are something which all our staff are incredibly proud of. In Savills, we identified a group which understands and reflects the same ethos of high-quality client service, care and professionalism that has supported our own growth and longevity. With the combined resources of an expanded project management platform in APAC and the global reach of Savills, I am extremely excited about the opportunity to provide a more comprehensive service to our clients across a wider geography.”
Adam Evennett, Head of Savills Tenant Advisory and Occupier Services platform in APAC, comments “We continue to see our clients require more sophisticated consultancy services, as well as tailored advice. In this context, the Merx deal aligns perfectly with Savills objective of building out a best-in-class capability to support our clients in the region.”
Christian Mancini CEO Asia Pacific (ex-Greater China) added “Savills existing project management platform across APAC already consists of approximately 350 professionals located across Mainland China, Hong Kong, Japan, South Korea, India, Singapore, Malaysia, Australia and New Zealand. Project Management, as a service line in its own right, is key to our strategy for the region, as well as providing support and technical input to other service lines: transactional, property management and consulting services. We recognise the knock-on value which this partnership will deliver for Savills and our clients.”