It’s all change at Knight Frank as it’s revealed that the man at the top, Andrew Hay, will step down in March 2020, retiring from the Knight Frank partnership and his role as global head of residential after 37 years at the agency.
Andrew’s role consists of two key elements, UK residential and global residential. However, it seems it’s a very large task for one man to head. Due to the growth of Knight Frank’s international network and scope of these roles, they will now be separated.
Tim Hyatt (above, right), Head of London Residential, will take over as Head of UK residential on 1st April 2020 and will also sit on Knight Frank’s Group Executive Board. A further announcement will follow on Tim’s successor in London.
Rupert Dawes (above, left) has become Global Head of Residential, effective immediately. Rupert will also continue in his role as joint head of residential development.
Alistair Elliott, Senior Partner and Group Chairman, Knight Frank said, “Both Tim and Rupert come to their new roles with a wealth of experience that will ensure the residential business, both in the UK and globally will be well positioned for its next phase, there is lots to look forward to.
“I would like to thank Andrew for his guardianship of the residential business for the last eight years. His passion and energy for Knight Frank is, and always has been, inspiring. His ability and enthusiasm has been key to ensuring Knight Frank has a truly connected global network. Andrew remains in his role until 1 April 2020, and I know there will be no slowing of pace during that time.”
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