US based real estate giants Douglas Elliman have teamed up with UK leaders Knight Frank Residential , to launch a new global brand alliance, resulting in the largest worldwide network for super prime residential properties.
Under the new Douglas Elliman Knight Frank Residential alliance, the two firms share marketing resources for domestic and international properties in the top 10% of each market they service through co-branding across New York City, the Hamptons, Long Island, Westchester, South Florida and Los Angeles.
Together, the firms can leverage their reach through a network of over 400 offices across 52 countries, and nearly 20,000 agents. Douglas Elliman and Knight Frank Residential will jointly market more than $38 billion worth of prime and super-prime properties. Additionally, Douglas Elliman and Knight Frank Residential have released a first-ever joint Wealth Report supplement, which outlines the increasingly close economic ties between the world’s leading cities.
Latest research found that London and New York are set to lead the prime markets relating to global wealth and property investment, while Los Angeles, Miami, Paris, and Dubai are following closely behind.