Harris Associates announces ground-breaking global expansion

Harris Associates announces ground-breaking global expansion with a leading Asian real estate firm, Edmund Tie.

Singapore based Edmund Tie and Harris Associates form strategic partnership | PBSA News
Singapore.

Harris Associates announces a ground-breaking global expansion. The company goes global through a dynamic strategic partnership with Edmund Tie – establishing an on-the-ground presence in several key Asian markets. 

Established in 1995, Edmund Tie is a leader in Asian real estate – with over 400 skilled professionals in offices across Singapore, Malaysia and Thailand. The company has further reach across various Asian markets including China, and a cohesive network of over 3,000 associates. Since inception, the team have concluded some of the largest real estate deals in Singapore – by delivering advisory and brokerage services to high-profile investors from sovereign wealth funds and family offices to institutional capital.

“In today’s time of evolving market disruptions, it is important for investors to access assets and capabilities in the timeliest fashion to boost returns or build a strong real estate portfolio.

“We see a visibly compelling synergy between the two firms in driving innovation and growth, resulting in this strategic alliance to expand geographical reach for both our clients.

“In particular, the UK and Singapore have long been regarded as the top few investment destinations worldwide in attracting foreign capital. Given that investors of today are more globalised and sophisticated than ever, this momentous partnership will allow clients of both firms to gain access to these markets.” 

Desmond SIM, CEO, Edmund Tie

Building upon a successful first quarter undertaking over £2bn in transactions, Harris Associates establishes a first-of-its-kind international partnership – providing its clients with exponential international reach and a wealth of additional resources. The expansion facilitates direct access to exclusive and esteemed Asian Capital Investors into UK real estate – unlike any other offering in the current market. This ground-breaking milestone brings global gravitas to Harris Associates’ personalised and innovative services.

“Our international expansion formed through the partnership between Harris Associates and Edmund Tie offers our clients unparalleled access to the most active Asian investors. With over £50bn transactions undertaken between our two firms, the alliance represents a remarkable milestone in our mission to provide a holistic and best-in-class service.

“At Harris Associates we pride ourselves on continuously delivering high quality investment advice and the partnership acts as a strong introduction to our long-term strategy that not only grows our positioning on a global level but is set to disrupt the market.’

Jonathan Harris, CEO and Founding Partner, Harris Associates

Since inception in 2002, Harris Associates has advised on over £20bn of property transactions globally. High profile clients include institutional funds such as BlackRock, Hermes, CBREGI and Aberdeen Standard as well as UHNWIs and Family offices. Through

invaluable connections and market knowledge, Harris Associates identifies and executes 70% of acquisitions off-market. The team works closely with every client through the investment process, from acquisition to development and through strategy to sale. The company recently advised Fusion Students on a £1.5bn joint venture with Cain International.