Savills open first Canadian office with eye on Asia

Savills has opened its first office in Canada following the purchase of Toronto-based commercial real estate firm Real Facilities.

Stan Krawitz, founder and president of Real Facilities, will oversee the operation for Savills Studley as executive vice president, founder and head of Canada.  

He said Savills Studley and Real Facilities have collaborated on numerous large transactions for clients on both sides of the border for more than five years. 

"In many ways, this is just the formalization of the great partnership we’ve enjoyed. Joining Savills Studley provides us with a true global platform for our clients.  Many Canadian companies are expanding to the U.S, as well as seeking locations in Europe and Asia," he said.

"The transition has been seamless.”

Savills operates from over 600 owned and associate offices, employing more than 30,000 people in over 60 countries.