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Friday, December 7, 2007

Rahim & Co forges alliance with Savills

KUALA LUMPUR: Rahim & Co Chartered Surveyors Sdn Bhd, one of the largest real estate consultancy firms in the country, expects to establish its presence in the global market via a strategic alliance with Savills Plc.

Rahim & Co executive chairman Datuk Abdul Rahim Rahman said the partners aimed to strengthen their presence in growth markets such as the Middle East, China, Hong Kong and Singapore with the strategic alliance to be known as Savills Rahim & Co.

“We are proud to be associated with such a prestigious name such as Savills and we hope to draw on their broad range of experience and expertise to put Rahim & Co on the world map as an international real estate player,” Rahim told reporters after the signing of the agreement with Savills group chief executive Aubrey Adams.

From left: Datuk Abdul Rahim Rahman, Datuk Dr Awang Adek Hussin and Aubrey Adams

As a leading international property services group, Savills covers markets in Europe, the Asia-Pacific, Australasia and Africa. It is listed on the London Stock Exchange and has more than 180 offices and associates worldwide.

According to Savills Asia Pacific chief executive officer Robert Mckellar, Savills chose to enter into a partnership with Rahim & Co as the latter has a good working knowledge of the local market and strong contacts at all levels.

“We need a strong local partner as we have clients from the Middle East, South Korea, Japan as well as the US who are interested in the Malaysian property market,” he said.

According to Deputy Finance Minister Datuk Dr Awang Adek Hussin, the strategic alliance was timely as the Government plans to establish Malaysia as a regional centre for professional services as well as a property hub with various ongoing initiatives.

By The Star

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