savills acquires site8 peter kneipp and paul craig
Savills acquires Site8. Image: Supplied.
  • The acquisition will see Savills expand into retail centre management.
  • Site8 was founded by Peter Kneipp in 2008.
  • The team of 14 staff from Site8 will join Savills on Monday 14 August.

The largest, privately owned, Brisbane-based retail property agency in Queensland has been acquired by Savills Australia and New Zealand.

Savills’ acquisition of Site8 will see the company expand into retail centre management.

Site8 was founded by Peter Kneipp in 2008 and has been recognised as one of the Brisbane property industry’s most well-respected, independent property management agents. The business has almost two decades of experience managing some of the best-known supermarket-based shopping centres throughout Queensland and northern New South Wales.

“I’m delighted to partner with Paul and the Savills Australia and New Zealand senior leadership team as we announce the acquisition today,” said Kneipp, who will take on the role of national director – retail management at Savills.

Peter Kneipp founder site8 brisbane retail property group
Peter Kneipp is the founder Site8. Image: Supplied.

“Entering this strategic partnership with and becoming part of a globally connected brand like Savills Australia and New Zealand enables us, together, to enhance our offering and deliver even greater value to our clients, and the centres we manage in collaboration with them,” Kneipp added.

The team of 14 staff from Site8 will join Savills in Brisbane on Monday 14 August.

“For more than a decade, Site8, under Peter’s management, has had a reputation for being one of Queensland’s best retail management agencies,” said Savills Australia and New Zealand CEO, Paul Craig.

Paul Craig ceo savills australia new zealand
Paul Craig is the CEO of Savills Australia and New Zealand. Image: Supplied.

“Integrating its enviable client portfolio and team expertise into our business is in line with our strategy to further strengthen our already extensive retail capabilities throughout Australia and the region, and take a larger share of and expand our offering in the Queensland retail management sector.

“I look forward to welcoming Peter and his team to the Savills Australia and New Zealand business in coming weeks,” Craig concluded.

You May Also Like

Mid-week ASX property wrap: 6 December 2023

The market closed up today, gaining 116.80 points to finish at 7,178.40.

Are modular houses the future? Here are the top 8 benefits for Australian home buyers

Advantages of modular homes include construction efficiency, quality control, sustainability, structural integrity, and cost-effectiveness.

Australian shopping malls take home prestigious international awards

Several Australian projects took home awards across various categories.

Reserve Bank holds interest rates at 4.35%, delivering confidence and stability to the Australian property market

The hold on interest rates will be keeping Australia’s real estate market steady across the festive season.

Experts Corner by The Property Tribune

Ko & NPA partner to launch several co-owned luxury properties at Mermaid Beach, Gold Coast

Ko's partnership with NPA Projects provides more opportunities to co-own off-the-plan holiday residences, including exclusive Gold Coast properties

Continue reading

Top Articles

Expert tips on how to be a successful property investor

Property expert and buyer's agent, Lloyd Edge, shares his insights.

Australian commercial property update: Industrial and tourism assets lead the pack in trying times

Commercial assets have faced volatility recently, driven by financing changes and demand fluctuations from institutions and funds.

WA has emerged as a property investment hub, and why that's a good thing

Eastern investors chase Perth's affordability, doubling the distance between home and investment in 2023, reveals MCG research.