Sphere Estates to launch after Abercrombie & Kent management buyout
Prime Resi: Luxury travel brand Abercrombie & Kent's property arm - Abercrombie & Kent International Estates - is morphing into a new operation - Sphere Estates - following a management buyout by the company's General Manager Robert Green.
Sphere Estates will launch in January 2016 with Green, who's been at the helm of A&KIE since it launched in 2012, as Managing Director. Before joining A&K, Green was Director at Cluttons Resorts, responsible for sales and marketing of luxury resort developments, then Director of Sales and Marketing for Six Senses Private Residences.
The new private equity-backed business has - as might be expected - a very international remit. The focus will be on core prime markets around the world, including "urban locations appealing to both investors and those looking for primary residences in major global cities and established high end holiday destinations."
The property agency will continue to work closely with Abercrombie & Kent "to create tailor-made inspection trips to properties they are marketing, assisting buyers with their travel needs and providing destination experiences to help buyers decide where to buy through understanding the lifestyle benefits particular destinations have to offer."
Geoffrey Kent, founder, chairman and CEO of Abercrombie & Kent: "We are confident that Robert Green and his team will build on the foundations we have jointly established in high end international real estate sales and consultancy and wish him a successful and profitable future as we concentrate on growing our core business in the experiential travel market. We look forward to continuing to offer Robert's clients the very best travel services and experiences for their inspection trips."
Robert Green, Managing Director, Sphere Estates: "I was delighted to be offered the opportunity by the Board of Abercrombie & Kent to take the business forward, as we begin to plan and deliver on our next phase of growth. I look forward to the challenges of providing bespoke end-to-end real estate services whilst supporting discerning property buyers find the perfect homes or investments in some of the most exciting international destinations."