• Raymond Lee has been promoted to Chief Executive Officer for Hong Kong and Macao.  Mr Lee will now oversee all Savills operations in Hong Kong and Macao, in addition to maintaining his active involvement in the investment and sales units. 
• Chris Marriott has been promoted to Chief Executive Officer for South East Asia, which includes Savills’ businesses in Singapore, Vietnam, Thailand, and will oversee its associate partners in Malaysia and Indonesia.   In addition, Mr Marriott will continue to manage the Hong Kong leasing business.

“Savills’ rapid expansion in the Asia Pacific region requires the existing management team to be better deployed to quickly take advantage of the many and varied opportunities for growth that continue to arise, “ said Robert McKellar, Chief Executive Officer of Savills Asia Pacific.  “In that respect I am excited that Raymond and Chris have accepted the challenge to increase their management responsibilities in a bid to ensure that Savills continues to be the leading real estate service provider in Asia Pacific.”

“It is always exciting to work with the very dynamic and strong teams of our Hong Kong and Macao offices.  Over the years we demonstrated our strengths in outperforming the market and achieving record-setting transaction amount.  With our well established balanced business model, I am confident that Hong Kong office will continue to be the revenue driver for Savills Asia Pacific,” said Raymond Lee.

Savills Hong Kong, besides offering a full range of agency services, comprises Savills Valuation and Professional Services, Savills Property Management, Savills Guardian, and Savills Showcase.  Together with the Macao office, it employs more than 11,000 staff.  Savills Hong Kong was the biggest profit contributor to the Group in the region in 2008.

“It is my pleasure to take this challenging role, “ said Chris Marriott.  “My experiences in established markets like Hong Kong and Singapore will definitely help turning the emerging markets as growth drivers in the coming years.”
Chris Marriott has 20 years experience of Asian real estate and presently sits on the Asia Pacific Executive Committee which determines strategic direction for the business in the region.  During his time he has played a pivotal role in the establishment of the Singapore operations in 1995, and subsequently restructured the business in 2004, in addition he has been involved in, or led numerous corporate acquisitions and strategic relationships for the group.  The five offices and associates in South East Asia altogether have over 1000 staff.

Charles Chan, head of Valuation and Professional Services for Greater China, has also devoted himself over the past two years in the aggressive expansion of professional services in mainland China, where the need for quality international standards of valuation alongside local reporting is increasingly necessary. 

“Besides strengthening the high standard professional services our team has been providing to the local clients, we strive to replicate the number one position achieved for Hong Kong and Macao in the Mainland,“ said Charles Chan.

Savills Asia Pacific was established since 1985 with headquarters in Hong Kong.  The Senior Executive team of Savills Asia Pacific now comprises of Mr Robert McKellar, CEO for Asia Pacific, Mr Raymond Lee, CEO for Hong Kong and Macao, Mr Randall Hall, CEO for China and Taiwan, Mr Chris Marriott, CEO for South East Asia, and Mr Charles Chan, Managing Director, Valuation and Professional Services for Greater China.