Savills buy Hamilton Osborne King
Property advisor Hamilton Osborne King has been acquired by international property consultancy Savills for €50m.
The acquisition is of the Hamilton Osborne King group operating within the Republic of Ireland.
For the year ended September 30, 2005, Hamilton Osborne King reported a turnover of €35.7m and pre-tax profit of €7.8m, before charging non-recurring remuneration in the year of €4.7m.
As at September 30, 2005, the company had gross assets of €22.1m. Hamilton Osborne King is the largest firm of commercial property advisors in Ireland with 250 staff based in offices in Dublin, Cork, and an associated office in Limerick.
Savills has a network of offices and associates in the UK, mainland Europe, the Americas, Asia Pacific and Africa. It employs more than 15,000 staff based across 125 offices in 22 countries.
Through its partnership with TrammellCrow Company, North America’s leading property services provider, Savills has access to offices in the Americas.