Woolcock Partners Real Estate and Knight Frank have announced today they will merge to form the "largest real estate business" in Tasmania from July 1.

Currently, Knight Frank only offers commercial real estate in Launceston. 

Together the new firm, which will be branded Knight Frank, will form one of the largest real estate businesses in Tasmania with 85 staff state-wide. Knight Frank, in conjunction with Woolcock Partners, will offer both commercial and residential real estate in Launceston.

Knight Frank’s Head of Tasmania, Scott Newton, said Woolcock Partners Director Sam Woolcock will join Knight Frank’s Tasmanian board.

Newton told WILLIAMS MEDIA that the partnership will allow them to offer their clients the "complete real estate package".

“Woolcock Partners offers residential sales and residential property management, and Knight Frank delivers integrated commercial sales, commercial leasing, asset management and project marketing to developers.

17 Heriots Rise Franklin, for sale through Pam Corkill at Knight Frank Hobart, as featured on Luxury List.  Image by Knight Frank Hobart.

“Clients will be able to access commercial, residential, consulting and research, project marketing and valuation services.”

Newton told WILLIAMS MEDIA that the firm, which comes into operation July 1, will continue trading as normal, with the new single-brand Knight Frank launched in the coming months.

“It has never been our desire to have the biggest business – but our aim is to be the best business in Tasmania, employing the best people in property in the state," Newton said.

Woolcock said it will offer many opportunities to staff from both businesses.

“We will have collaborative training, peer support, lead generation and a state-wide career path, as well as opportunities for a national or international pathway.

“For instance, Knight Frank currently has a Hobart agent on an exchange in their London headquarters,” said Woolcock.

Stephen Ellis, Knight Frank’s Chief Executive Officer, Australia said, “Knight Frank is committed to building its platform across Oceania by strengthening its regional businesses.”

Newton said the merger has been 12 months in the making.

“Together, we are looking forward to delivering the best real estate services possible to all our existing and new clients.

“The growth in real estate across the board in Tasmania has created a wonderful, vibrant market for staff and clients, whether they are buying or selling property,” concluded Newton.

Related reading:

Knight Frank Australia evolves leadership team by announcing new partnership structure​

Knight Frank expands Global Prime Team

Demand from downsizers for prestige property pushes Brisbane onto international stage