Property consultancy RHT Chestertons sets sights on Singapore

A new property consultancy firm has been launched in Singapore. RHT Chestertons was born out of a partnership between integrated professional services company RHT Wealth Holdings and London-based real estate agency Chestertons.

Chestertons, which operates over 100 offices across 19 countries, will extend its existing international real estate business through new markets in Singapore and South-east Asia, while expanding the RHT Group of Companies' core services via a new partnership between the two groups.

The new RHT Chestertons operation intends to take on the established Singapore property consulting industry, helmed by a property veteran with over 20 years of experience in property consultancy and management – though the new firm has declined to state on the exact identity of the experienced individual.

The company aims to serve a diverse range of clients comprising property owners, investors, institutions and corporate occupiers, both locally and globally. It will offer a range of real estate services, from agency sales and leasing to valuation, investment sales and investment advisory, in order to capitalise on the growing appeal of property markets in Indonesia and Vietnam, where it is already exploring opportunities for expansion.

According to Chestertons' chairman Salah Mussa, "By combining our resources and expertise, we will be able to access real estate opportunities globally with RHT Chestertons acting as the gateway to the Asia-Pacific and Chestertons offering its vast network in Europe, Middle East and North Africa."

"As investor appetite for property returns to the market, we believe there are attractive investment opportunities in Singapore which fit our strategy of focusing on niche segments within the market," added Ricky Sim, non-executive chairman of RHT Chestertons.