Knight Frank LLP is an

estate agency An estate agent is a person or business that arranges the selling, renting, or management of properties and other buildings. An agent that specialises in renting is often called a letting or management agent. Estate agents are mainly engag ...

residential A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas. Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family residen ...

and commercial property consultancy founded in London by John Knight, Howard Frank and William Rutley in 1896. Knight Frank together with its American affiliate Cresa is one of the world's largest global property consultancies. Headquartered in London, England, Knight Frank's global network have more than 488 offices across 57 territories and more than 20,000 people handle in excess of US$817 billion (£498 billion) worth of commercial, agricultural and residential real estate annually.

History

Knight, Frank & Rutley is an earlier name of the firm. Sir Howard George Frank, 1st Baronet was an English estate agent, head of the firms of Knight, Frank & Rutley of London and Walton & Lee of Edinburgh and was president of the Estate Agents' Institute from 1912 to 1914. 1897: The first recorded business property sale is achieved in November, when Knight, Frank & Rutley sells a ‘cycle machinery and plant’ business in

Battersea Battersea is a large district in south London, part of the London Borough of Wandsworth, England. It is centred southwest of Charing Cross and extends along the south bank of the River Thames. It includes the Battersea Park. History Batter ...

for £270 11s 6d.
1911: The Crystal Palace 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 as a present for his wife Alice. Mr & Mrs Chubb gave it "to the Nation" three years later.
1921: The town of Reigate is sold by Knight, Frank & Rutley for £203,840 – the first time the firm has disposed of an entire town.
1922: The firm handles the sale of

Winston Churchill Sir Winston Leonard Spencer Churchill (30 November 187424 January 1965) was a British statesman, soldier, and writer who served as Prime Minister of the United Kingdom twice, from 1940 to 1945 Winston Churchill in the Second World War, dur ...

's house and sells Chartwell to him.
1924: The Duke of Westminster sells Grosvenor House in Park Lane through Knight, Frank & Rutley.
1927: The firm advises on the site assembly for the BBC's headquarters,

Broadcasting House 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. The main ...

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 at the United Kingdom Census 2011, 2011 census was 42,954 ...

in Lancashire is sold – including the celebrated golf course.
1974: Fountains Abbey, Yorkshire, dating back to 1132, is sold for £1 million.
1981: In New York,

Douglas Elliman Douglas Elliman is an American real estate company. Douglas Elliman employs more than 7,000 agents and has 113 offices in New York City and across the country. The company also has a number of subsidiaries related to real estate services such as ...

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, on behalf of the

Ministry of Defence {{unsourced, date=February 2021 A ministry of defence or defense (see spelling differences), also known as a department of defence or defense, is an often-used name for the part of a government responsible for matters of defence, found in states ...

.
2005: The firm is appointed to advise on the development of the

London Olympic Village East Village is a housing development in Stratford, East London that was designed and constructed as the Olympic Village of the 2012 Summer Olympics and has been converted for use as a new residential district, complete with independent shops, ...

for the

2012 Summer Olympics The 2012 Summer Olympics (officially the Games of the XXX Olympiad and also known as London 2012) was 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, formerly Newmark.
2012: February, presents Battersea Power Station 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.

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 the earliest view of how the UK housing market is faring. The monthly survey gauges the sentiment of households across the country, and is a lead 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 and the FINTRX Family Office Platform. The report stated that 57% of North American family offices had real estate exposure, while 48% 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 Property services companies of the United Kingdom