- 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.
“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.
“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.