Multinational oil and gas giant Shell has appointed property consultancy Knight Frank as its sole provider of real estate transactions, valuations and advisory services across the firm’s global real estate portfolio under a five-year mandate.
According to a Feb 9 announcement, Knight Frank will support Shell’s real estate portfolio of over 11 million sqm of offices, laboratories, accommodation and industrial facilities worldwide, spanning the US, Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC) regions.
The global mandate builds on Knight Frank’s relationship advising Shell across the APAC region over the past five years, during which Knight Frank has managed major real estate transactions in key markets including Beijing, Singapore, Kuala Lumpur and Bangalore.
Tim Armstrong, global head of Knight Frank's Global Occupier Strategy and Solutions platform, says: “This is an important global mandate for Knight Frank, and we are looking forward to building on our successful relationship with Shell in the APAC region. Our strong global network, deep expertise, and collaboration approach have been key to securing this appointment. We have invested significantly in our global platform for occupier services, including hiring the best talent, investing in new technology and data, and expanding centres of excellence in key regions.”
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Shell Centre, London
Photos: Knight Frank
