Forbes Global Properties has officially launched in the UK, marking the international luxury real estate network’s entry into one of the world’s most significant prime property markets.
The UK operation will be led by Martin Bikhit (main picture), who brings more than 30 years’ experience in the property sector, and will focus exclusively on prime and super-prime residential homes across the country.
Operating nationwide, UK Forbes Global Properties will specialise in London properties priced above £10m and homes valued at more than £5m across the rest of the UK.
The launch strengthens Forbes Global Properties’ international footprint, with the network now represented across more than 35 countries and over 600 locations globally.
BROKERAGE MODEL
The UK business will initially operate using a brokerage model, inviting a select group of founder agents to work alongside the existing team, with a focus on prime London, the Home Counties and established high-value regional markets.
According to the company, the business will focus on a highly selective portfolio of “best-in-class” homes, including central London townhouses and apartments, country estates and nationally significant trophy assets.
The launch will also see the group move into a new Grade A headquarters in London’s W1 district.
UK Forbes Global Properties will operate alongside Bikhit’s existing agencies, Kay & Co and Marler & Marler, which together cover prime areas including Marylebone, Mayfair, Hyde Park, Kensington, Chelsea, Knightsbridge and Belgravia.
The company says agents joining the brokerage model will retain their own local market specialism while benefiting from the global reach, branding and affluent audience associated with Forbes.
UNRIVALLED REPUTATION
Martin Bikhit (main picture), Founder and CEO of UK Forbes Global Properties, says: “We are very pleased to launch Forbes Global Properties in the UK. We see this as an opportune time to combine the credibility and global status of the Forbes brand with the UK team’s market expertise, to enable our clients to succeed within a highly specialised strata of the market.
“Forbes Global Properties has an unrivalled reputation among discerning purchasers – many of whom hold wealth across multiple asset classes, from real estate and art to jewellery, precious metals and cars, and who rely on Forbes as a trusted guide to luxury and wealth.”
COMPELLING PROPOSITION
He adds: “Combined with our on-the-ground UK real estate expertise, this creates a compelling proposition for high-net-worth individuals seeking a knowledgeable, trusted adviser.
“The high net worth and ultra-high net worth buyers are drawn into the market by what they see, and where they see it. Through Forbes Global Properties, property is presented within a broader editorial environment, reaching an international audience that is informed, engaged and often inaccessible through conventional channels.”
Michael Jalbert, CEO of Forbes Global Properties, adds: “The United Kingdom is one of the most important destinations for the world’s most discerning buyers.
“We are delighted to welcome UK Forbes Global Properties.
“Their experience and relationship-first approach on behalf of our clientele makes them a natural fit.”
