Real Capital Analytics (RCA), the definitive international real estate institution that specializes in the data and analysis of commercial real estate capital markets, has named Savills as the top broker in the China and Hong Kong markets in its latest Top Global Investment Brokers of 2020 report.
Accredited by RCA, Savills led the China and Hong Kong's real estate investment markets as the No. 1 broker for all property types with 30% and 53% market share respectively.
Savills had a strong transactional performance in the China and Hong Kong markets, closing real estate investment transactions that worth more than RMB 20 billion and HK$18.6 billion respectively in 2020. Major deals last year include SML Tower in Hong Kong and LG Twin Towers in Beijing, demonstrating our leading position in the Greater China region.
Siu Wing Chu, Chief Executive Officer, China of Savills, commented: "We are honoured by RCA's announcement, which showed our strength as a world-leading real estate service provider in the China market today as it has the attention of investors around the globe."
Raymond Lee, Chief Executive Officer, Greater China of Savills, commented, "At Savills, we have always prided ourselves on being able to adapt to changing market conditions and the changing expectations of our clients. I believe that made us come out on top in the Greater China market. Headwind remains as the world gradually recovers from the global pandemic, but we are confident to strike the deals and won the trust of clients spanning the full range of real estate sectors."
RCA, an industry pioneer since 2000, provides authoritative intelligence on the deals, the players and the trends that drive the commercial real estate investment markets. Covering all markets globally, RCA delivers timely and reliable data with unique insight into market participants, pricing and capital flows. The most active investors, lenders and advisors depend on RCA's market intelligence to formulate their strategy and to source, underwrite and execute their deals.