Savills (Hong Kong) proudly announces the promotions of Nick Bradstreet and Backy Fung, effective from 1 July 2011. Nick will be promoted from Senior Director to Deputy Managing Director, while his role as Head of Retail will remain unchanged. Backy will be transferred from Hong Kong to Chengdu and will become Director of the Agency Department in Western China.
Nick is responsible for managing all leasing services in Hong Kong, including retail, commercial and residential properties and heads over 100 staff. “Nick’s promotion not only reflects the immense value he has brought to our clients, but the value he adds within Savills,” said Raymond Lee, CEO, Greater China. “Nick continues to be one of the most influential leaders in the retail sector in Hong Kong and across Asia. I am confident that our already strong leasing team will under Nick’s leadership further drive strategy and forge our position in the leasing market in Hong Kong. We look forward to seeing our success across retail sectors in Hong Kong and Asia continuing to grow and gaining wider recognition with Nick as Deputy Managing Director.”
Backy will be based in Chengdu and will be responsible for all sales and investment business in Western China. “Chengdu is an emerging market in which we see enormous opportunities for our agency business to expand. I am confident that Backy’s promotion to Director in Chengdu will help showcase his expertise and specialised knowledge which have been so successful in Hong Kong. Savills is very fortunate to have Backy on our side of the table,” said Albert Lau, Managing Director, China.
Nick has over 24 years of experience in property, 20 of which have been in Hong Kong. Under his leadership, the Retail Department works on sole agency projects for landlords and tenant representative appointments for global brands, both in Hong Kong and in Asia.
Backy has been with Savills for seven years as Director of Investment in Hong Kong. His expertise includes providing comprehensive services on the sale of whole block properties, residential properties, development sites, offices, retail and malls.