International real estate advisor Savills has formed a co-operation partnership with commercial advisory firm Crosspoint Real Estate in Romania, in order to support its continued expansion across central and eastern Europe (CEE).

Founded in 2005 and based in Bucharest, Crosspoint Real Estate employs 18 commercial real estate professionals and advises clients across sectors including: capital markets, leasing, tenant representation, valuation, building & project consultancy.

Mark Ridley, CEO of Savills UK & Europe, comments: “In line with increasing investor demand across the CEE markets, we have been expanding our teams and areas of expertise in order to offer the very best service for our global client base. Crosspoint has an excellent reputation in Romania and we are confident that this partnership will enable us to establish a strong presence in this market.”

Codrin Matei, founder and Head of Capital Markets, Debt Advisory & Office Leasing at  Crosspoint Real Estate, adds: “We are honoured to join the international network of Savills partners and look forward to together securing business opportunities within the rapidly developing Romanian property market and in the Central and Southeast European region generally.”

Crosspoint joins the Savills regional network in the CEE following the recent opening of a Savills owned office in the Czech Republic and the steady expansion of its business in Poland, which currently incorporates four offices and more than 120 employees.

Source: Savills

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