Real estate consultancy Knight Frank has launched a private office in Australia for high net worth clients.
The office will operate with the support of its Australia and New Zealand partners, McGrath Estate Agents and Bayleys.
Knight Frank will offer an acquisitions, sales and investment service across every real estate sector.
James Patterson, chief executive of Knight Frank, said: “We are excited to launch a new Private Office in Australia.
“We believe the timing is right given the strong partnerships we have formed in recent years with McGrath and Bayleys, and the high demand from private capital.
“Our offering will be significantly bolstered by not only Knight Frank’s global network, but the networks of these partners.
“Collectively this footprint around the globe provides our Private Office clients with unparalleled expertise, connections and opportunities.
“We look forward to cementing Knight Frank’s global position as a trusted partner for the world’s wealthiest clients.”
Knight Frank also has private offices in London, Hong Kong, Singapore, Dubai and Jeddah.
Ari Petrovs is heading up the Australia office, who previously ran his own development, advisory and project marketing firm called The Petrovs Property Kompany.
Before that he held a number of roles at commercial real estate firm CBRE.
The private office team will also consist of ambassadors, including Knight Frank chief executive James Patterson, McGrath chief executive John McGrath, McGrath head of international and private clients Adam Ross and Bayleys chairman and managing director Mike Bayley.
Knight Frank and New Zealand-based Bayleys, both privately owned, have had a strategic relationship since 2018, and together in June 2024 the two firms acquired a controlling stake in McGrath.
John McGrath, chief executive of McGrath, said: “Australia’s growing wealth landscape has created a clear need for a sophisticated Private Office offering; one that delivers discretion, strategy and true global reach.
“Through this partnership, we are uniquely positioned to assist the real estate requirements of high-net-worth families and individuals, accessing Knight Frank’s international network and deep market intelligence.
“We have already developed a strong working relationship with them globally that has resulted in some excellent transactions for McGrath and our clients, so to have a dedicated team here in Australia, I believe will be invaluable for our clients.”