On Dec 20th, Savills Hainan, the 17th branch of Savills China, held an opening ceremony at Baifang Building in Haikou. The opening indicates a solid step towards the Hainan market for Savills. In the future, Savills will further integrate into Hainan and help the development of the island province with its professional real estate services.
Robert McKellar, Executive Chairman of Savills Asia Pacific, Woody Lam, Managing Director of Savills Southern China, Kevin How, General Manager of Savills Hainan and more than 20 media representatives witnessed the opening of Savills Hainan. This significant moment shows Savills’ commitment to the Hainan real estate market.
Robert McKellar, Executive Chairman of Savills Asia Pacific, expressed his congratulations on the opening of Hainan office: “The Hainan market is seeing a revitalisation with the 21st Century Maritime Silk Route and the favourable policies of the Hainan Free Trade Zone. At this significant moment, Savills China has set up its 17th branch in Haikou to expand its business in this crucial area. Haikou has always been an optimistic city and, with the rapid development of Savills in China in recent years, the establishment of Hainan office is a great step forward.”
Focus on the Free Trade Zone, Harness the Energy
This year is the 40th anniversary of China’s reform and opening up and the 30th anniversary of the establishment of Hainan Province and Special Economic Zone. At the beginning of the year, the State Council announced the construction of the Hainan Free Trade Zone, promoting the formation of a new platform for opening up. As the largest provincial special economic zone in China, the favourable policies have allowed Hainan stand on the wave of opportunities.
Hainan, an important fulcrum on the Belt and Road, has a unique geographical position and is the key to the Maritime Silk Road. The construction of the Hainan Free Trade Zone will bring new opportunities for development of countries and regions along the Belt and Road thanks to the expansion of the area, investment capabilities, business environment and talent introduction.
International Service, Global Resources
Since its establishment 163 years ago, Savills has maintained a rich heritage of unrivalled growth with an international network of over 600 offices and associates throughout the UK, Continental Europe, the US and Asia Pacific, offering a broad range of specialist advisory, management and transactional services, and is a recognised leading international property adviser. Since entering the China market in the 1995, and with a network of offices in the key cities of Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Tianjin, Hangzhou, Dalian, Shenyang, Chongqing, Xiamen, Zhuhai, Nanjing, Xi’an, Wuhan and Changsha, Savills has now expanded in Haikou to offer a one-stop comprehensive service to meet all our clients’ real estate needs.
With rich international experience and local insights, Savills strives to develop the Hainan real estate market and will spare no effort to introducing international services and global resources to the Hainan real estate market. Savills provides a comprehensive range of advisory and professional property services to developers, owners, tenants and investors alike which include Project and Development Consultancy, Investment, Valuation, Office, Retail, Business Park & Industrial Service, Property and Asset Management.
Woody Lam, Managing Director of Savills Southern China, said at the opening ceremony: “Savills has been working to develop the Hainan market for many years. The formal establishment of the office in Haikou means that Savills will play a more active role in opening up Hainan’s market and developing a full line of professional services. The opening of the new office marks the full start of Southern China’s ‘Dual Engines, Dual Wings’ strategy—Guangzhou and Shenzhen serving as the two engines moving at full speed and Hainan and Fujian as the two wings, with both achieving strategic development and expanding business lines in the Southern China market.
Kevin How, General Manager of Savills Hainan, said：“Based on the good, liveable, environment, and great tourist infrastructure, Haikou has attracted more and more capital and has a lot of room for development. The establishment of the Hainan office means Savills is taking the initiative in the Hainan market. We combine international experience and local resources to help our clients to create value under Hainan’s rapid market development and development of Hainan’s local economy.