Savills Ireland has acquired Osborne King, a commercial property agency in Northern Ireland, marking a significant investment in the region.
The acquisition will enhance Savills presence in Northern Ireland and strengthen its position as the largest real estate advisor on the island of Ireland.
Savills already has offices in Belfast, Cork and Dublin, and the deal aligns with its broader growth strategy in Ireland.
The company said Osborne King brings significant expertise in commercial leasing, sales, property management, and valuations, adding further depth to Savills' service offering in Northern Ireland.
Osborne King's 36 employees will bring Savills Ireland's headcount to more than 450. They will relocate to Savills' Belfast office in the coming months.
“Osborne King’s deep local market expertise and strong reputation for excellence align seamlessly with Savills comprehensive service offerings," said Mark Reynolds, managing director of Savills Ireland.
"This combination allows the firm to deliver more tailored and innovative property solutions to clients in Northern Ireland.
"Additionally, the acquisition will enhance Savills recurring revenue streams by expanding its Property Management and Valuation service lines, ensuring that the firm can meet the diverse needs of clients across all sectors.
“This acquisition also highlights Savills confidence in the Northern Ireland economy and reflects its commitment to further investing in the region’s commercial property sector, demonstrating its dedication to long-term growth and client success," he concluded.
Photo: (back row l-r) Peter Callender, finance & operations director, Savills Ireland; Mark Reynolds, managing director, Savills Ireland; Ruth Morrisson, finance director, Osborne King. (Front row l-r) Gavin Clarke, director, Osborne King; Ben Turtle, head of Savills NI; Dave McClure, managing director, Osborne King. (Pic: Supplied)
