Intermark became a partner of the leading international property services group Savills

26 october 2006
Press Release


Intermark joins international network
through conclusion of a partnership agreement with Savills,
the leading international property services group.

Intermark residential real estate became a partner of the leading international property services group Savills through conclusion of a partnership agreement. The successful outcome of this agreement is the result of a long-running courtship by the two companies and will ensure that the respective strength of each brand will be further reinforced within their primary markets of operation.

Intermark with its 13 year experience on the Russian market is a leading local residential property agent. Intermark provides full scope of residential real estate services including sales, investments, consulting, lease, short-term rent:

  • Moscow In Town Sales – the sale of prime residential properties in Moscow’s prestigious downtown areas, including apartments in new developments, penthouses, traditional townhouses and mansions.
  • Moscow Out of Town – houses in many of the best suburban areas such as: Rubleveo-Uspenskoye, Pyatnitskoye, Dmitrovskoye, Novorizhskoye and Minskoye highways as well as land plots for development.
  • Investment – professional, transaction-driven, services across a range of investment grade assets i.e. land acquisition, tenanted properties and portfolio development etc that responds to the improved legislation / financial climate for the investment market. The Russian property sector, especially in leasing, coupled with the availability of credit and simplified investment procedures is now producing an attractive investment market.
  • Consultancy – in line with the burgeoning opportunities of the Russian property market Intermark Savills will consolidate and build upon the breadth and range of existing professional development consultancy services already offered national and international investors, and developers. Intermarktogether with Savillshas a first rate team of market analysts advising on the housing market and providing investment assessments.
  • Rentals – Intermark has an enviable 13-year track record of relocating employees and their families to Moscow from many of the world’s largest international firms. The company has one the largest database of private residences for lease as well as operating a very successful serviced apartment / extended stay company for flexible rentals in Moscow. Intermark, like Savills, prides itself on the highest level of responsive residential services to clients.

Savills has an extensive network of offices and associates throughout the UK, mainland Europe, the Americas, Asia Pacific and Africa. Listed on the London Stock Exchange and employing over 14,500 staff worldwide in 112 offices, Savills has extensive expertise in global property markets. Savills name has become synonymous with luxury residential property worldwide .

Savills teams of property consultants and real estate agents offer advice on commercial, residential, agricultural and mixed use property matters. In addition to these service lines, Savills offers a wide range of property services, including sales and acquisitions, valuations, rent reviews, development advice, property management, auctions, planning and market research.

The partnership will be branded as Intermark Savills. The synergies between these two well established entities and combination of international experience with local knowledge will serve to the benefit of our clients, providing them with an unrivalled range of property services from rental agency to international investment consultancy.

Rupert Sebag-Montefiore, Chairman and Chief Executive of Savills, said: “We are delighted to have formed Intermark Savills. Intermark is the 'jewel in the crown' of Moscow residential agency and we have bided our time carefully to form this alliance. Unquestionably, Intermark Savills is the leading provider of residential property services in Moscow and its region where the market looks set to achieve significant growth in the short and medium term”.

Mark Hamilford, Senior Partner of Intermark, said: "We are delighted to join forces with Savills, which we see as a tremendous opportunity for both Intermark and our clients. This partnership will provide us with a breadth of services unrivalled in Russia, and ability to service our clients globally".