14 Mar 2011, London, UK: IRG TO PRESENT CAYMAN REAL ESTATE TO INVESTORS IN MOSCOW
Jeremy Hurst, Broker/Owner of International Realty Group Ltd. (IRG) was at Knight Frank’s World HQ in London last week to promote the Cayman Islands to leaders from 230 offices in 25 countries including, Russia, the Middle East, Hong Kong, China, Europe and the America’s.
Knight Frank’s Global Real Estate Conference takes place annually to allow key figures from the Real Estate industry to discuss areas affecting the Global real estate market, with a goal to identify fields in which Knight Frank’s affiliates could best adopt and utilise the organisations global expertise, coverage and business systems to market and sell real estate.
Mr. Hurst said: “These conferences are an excellent opportunity to network and build strong relationships with our Knight Frank counterparts from throughout the world. There are very few real estate networks that can place you in a room with property experts from Moscow, Hong Kong, New York, London and India at the same time and provide you with the opportunity to promote your jurisdiction and the properties you represent on a one to one basis. Some of these individuals run some of the largest real estate offices in the world and have a huge client base of high net worth investors and our goal is to leverage the relationships we are building to access this client base and bring them to Cayman.
During his visit, Mr. Hurst carried out personal presentations to Knight Frank’s Russian and Middle Eastern teams who were also attending the conference.
“My goal was to explain to these teams what an excellent opportunity the Cayman Islands represent for their investors and our comments were very well received. We have been invited by the Russian/CIS team to visit Moscow to present to a number of their investors and plan to do so later this year” continued Mr. Hurst.
Whilst in London Mr. Hurst took the opportunity to meet with a number of IRG’s London based clients as well as the partners of Knight Knight’s Kensington and Knightsbridge offices. He was subsequently invited to tour one of Knight Frank’s most prestigious listings – One Hyde Park – an ultra luxury apartment complex, which overlooks Hyde Park to one side and Knightsbridge to the other. The apartments there are selling between £6 million (for a one-bed unit of around 1,000 sq.ft.) and £60million. The project developed by the Candy brothers, designed by Richard Rogers and backed by the Sovereign Wealth Fund of Qatar represents the most expensive real estate in the world at £6000 or almost US$10,000 per sq.ft.
“I found the conference exceptionally valuable – in the current economic climate it is essential that we learn from what professionals are doing in the other markets across the world. The benefit to our clients and their properties and the positive exposure to the Cayman Islands on a truly international stage is immeasurable” added Mr. Hurst.
Notes to editors:
IRG (International Realty Group Ltd.) is the Cayman Island's leading integrated real estate and relocation services provider offering its clients and customers a comprehensive range of high quality professional real estate services in the residential, commercial, relocation and professional property services markets.
IRG provides in depth local expertise along with a truly global presence and a proven reputation for delivering results. We are a leader in most fields of Cayman real estate including luxury Cayman luxury residential beachfront property, Cayman commercial property and office space, Cayman property development feasibility and Cayman property market analysis. Cayman real estate is considered to be one of the safest investments available in these recessionary times and IRG will provide the advice needed to ensure that your Cayman property investment or relocation is as successful possible. IRG also provides a full range of professional Cayman property marketing services and specialized property acquisition and disposal services including sealed bids and services related to properties in receivership and liquidation.
IRG has been the Cayman Islands property affiliate of Knight Frank since 1999. The Knight Frank international property network encompasses more than 200 real estate offices in over 30 countries including the US, UK, Europe, Russia, the Middle East, Africa, India, China and Australasia. IRG is also a member of The Leading Cayman Real Estate Companies of the World network and its Luxury Portfolio network, which represents 600 premier real estate firms with 5,000 offices and 150,000 sales associates in 35 countries around the world. IRG has been a proud member of the Cayman Islands Real Estate and Brokers Association (CIREBA) since 1997, and IRG Broker/Owner, Jeremy Hurst, is its President.
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