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Knight Frank LLP is a global real estate consultancy and estate agency headquartered in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
,
England England is a Countries of the United Kingdom, country that is part of the United Kingdom. It is located on the island of Great Britain, of which it covers about 62%, and List of islands of England, more than 100 smaller adjacent islands. It ...
. Knight Frank's global network has more than 488 offices across 57 territories and more than 20,000 people managing commercial, agricultural and residential real estate worth more than US$817 billion (£498 billion).


History

Knight, Frank & Rutley is an earlier name of the firm. Howard Frank was an English estate agent, headed of the firms of Knight, Frank & Rutley of London and Walton & Lee of
Edinburgh Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh ...
and was president of the Estate Agents' Institute from 1912 to 1914. * 1896: The firm is founded in London by John Knight, Howard Frank and William Rutley. * 1897: The first recorded business property sale occurs in November, when Knight, Frank & Rutley sells a ‘cycle machinery and plant’ business in
Battersea Battersea is a large district in southwest London, part of the London Borough of Wandsworth, England. It is centred southwest of Charing Cross and also extends along the south bank of the Thames Tideway. It includes the Battersea Park. Hist ...
for £270 11s 6d. * 1911:
The Crystal Palace The Crystal Palace was a cast iron and plate glass structure, originally built in Hyde Park, London, to house the Great Exhibition of 1851. The exhibition took place from 1 May to 15 October 1851, and more than 14,000 exhibitors from around ...
is sold to Lord Plymouth for £210,000. * 1914: Howard Frank, the senior partner, is knighted. * 1915: Cecil Chubb buys Stonehenge through Knight, Frank & Rutley for £6,600. Mr. & Mrs. Chubb gave it "to the Nation" three years later. * 1922: The firm handles the sale of
Winston Churchill Sir Winston Leonard Spencer Churchill (30 November 1874 – 24 January 1965) was a British statesman, military officer, and writer who was Prime Minister of the United Kingdom from 1940 to 1945 (Winston Churchill in the Second World War, ...
's house and sells
Chartwell Chartwell is a English country house, country house near Westerham, Kent, in South East England. For over forty years, it was the home of Sir Winston Churchill. He bought the property in September 1922 and lived there until shortly before his ...
to him. * 1924: Hugh Grosvenor, 2nd
Duke of Westminster Duke is a male title either of a monarch ruling over a duchy, or of a member of royalty, or nobility. As rulers, dukes are ranked below emperors, kings, grand princes, grand dukes, and above sovereign princes. As royalty or nobility, they ...
sells
Grosvenor House Grosvenor House was one of the largest townhouse (Great Britain), townhouses in London, home of the Grosvenor family (the family of the Dukes of Westminster) for more than a century. Their original London residence was on Millbank, but after t ...
in Park Lane through Knight, Frank & Rutley. * 1927: The firm advises on the site assembly for the BBC's headquarters,
Broadcasting House London Broadcasting House is the headquarters of the BBC, in Portland Place and Langham Place, London. The first radio broadcast from the building was made on 15 March 1932, and the building was officially opened two months later, on 15 May. T ...
in London. * 1937: Most of the town of
Lytham St Annes Lytham St Annes () is a seaside town in the Borough of Fylde in Lancashire, England. It is on the The Fylde, Fylde coast, directly south of Blackpool on the Ribble Estuary. The population of the built-up area at the 2021 United Kingdom census, ...
in Lancashire is sold – including the celebrated golf course. * 1974:
Fountains Abbey Fountains Abbey is one of the largest and best preserved ruined Cistercians, Cistercian monasteries in England. It is located approximately south-west of Ripon in North Yorkshire, near the village of Aldfield. Founded in 1132, the abbey operat ...
, Yorkshire, dating back to 1132, is sold for £1 million. * 1981: In New York, Douglas Elliman Knight Frank sells Pan-American World Airways Intercontinental Hotels Corporation to Grand Metropolitan for $500 million. * 1996: On 1 January, ‘Rutley’ is dropped from the Knight Frank name as part of a plan to expand international market share. * 2000: Knight Frank sells the Duke of York's Headquarters in
Chelsea, London Chelsea is an area in West London, England, due south-west of Kilometre zero#Great Britain, Charing Cross by approximately . It lies on the north bank of the River Thames and for postal purposes is part of the SW postcode area, south-western p ...
, on behalf of the
Ministry of Defence A ministry of defence or defense (see American and British English spelling differences#-ce.2C -se, spelling differences), also known as a department of defence or defense, is the part of a government responsible for matters of defence and Mi ...
. * 2005: The firm is appointed to advise on the development of the London Olympic Village for the
2012 Summer Olympics The 2012 Summer Olympics, officially the Games of the XXX Olympiad and also known as London 2012, were an international multi-sport event held from 27 July to 12 August 2012 in London, England, United Kingdom. The first event, the ...
. * 2006: With effect from 1 January, Knight Frank establishes a global real estate partnership with leading New York-based real estate service firm
Newmark Knight Frank Newmark Group Inc. is a global commercial real estate advisory and services firm headquartered in New York City. It operates as ''Newmark'', and is listed on the NASDAQ Global Select Market under the symbol "NMRK". The company’s services incl ...
, formerly Newmark. * 2012: February, presents
Battersea Power Station Battersea Power Station is a decommissioned coal-fired power station located on the south bank of the River Thames in Nine Elms, Battersea in the London Borough of Wandsworth. It was built by the London Power Company (LPC) to the design of ...
to the global property market. * 2013: Participated in the founding of OnTheMarket * 2015: Knight Frank wins the instruction to sell 231 prime residential units within the Royal Atlantis on the Palm Jumeirah, Dubai. 2021: Rennie Property joined Knight Frank’s global network.


Indexes and reports


Global House Price Index

The Knight Frank Global House Price Index is compiled using official government statistical office or central bank data where possible.


House Price Sentiment Index (HPSI)

The Knight Frank/ Markit House Price Sentiment Index (HPSI) provides information on the UK housing market. The monthly survey gauges the sentiment of households across the country, and is an indicator of future house price movement.


Country House Index

The Knight Frank Country House Index is a valuation based index, compiled quarterly from valuations prepared by professional valuers in every Knight Frank Country House office in the UK. The index is based on the valuation of a comprehensive basket of properties throughout all United Kingdom regions based on actual sales evidence.


Prime Central London Index

The Knight Frank Prime Central London Index, established in 1976, covers the prime central London residential marketplace. The index is based on a repeat valuation methodology that tracks capital values of prime central London residential property.


The Wealth Report

The Wealth Report is an annual publication produced by Knight Frank. The Wealth Report looks at global prime property trends and wealth, and examines the prime and super-prime property markets. The Wealth Report focuses heavily on the investment activity of global single and multi family offices. In their latest report of 2018, the Knight Frank Wealth Report expounded on the increase in family office real estate activity, citing both
WeWork WeWork Inc., headquartered in New York City, is a provider of coworking spaces, including physical and virtual shared spaces, in approximately 600 buildings in 125 cities. WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey. Ove ...
and the FINTRX Family Office Platform. The report stated that 57% of North American family offices had real estate exposure, while 48% of European family offices were currently allocated to the real estate sector.


References


External links

* {{DEFAULTSORT:Knight Frank Real estate companies established in 1896 1896 establishments in England Property companies based in London Real estate companies of Kenya Property services companies of the United Kingdom