Savills Acquires Mark Tunstall Property for Prime Lettings

In a strategic move to enhance its high-net-worth property services, global real estate advisor Savills has finalized the acquisition of Mark Tunstall Property, a distinguished agency specializing in the super-prime lettings and management sector within central London. This integration is set to significantly bolster Savills' capabilities in catering to affluent landlords and tenants across prime central and north London, while also extending its reach in the ultra-luxury lettings market throughout the United Kingdom.

The acquisition brings Mark Tunstall, a seasoned professional with over two decades of experience in the prime property market, back into the Savills fold. Tunstall, who previously established Savills' own super-prime lettings division before founding his independent firm 14 years ago, will now co-lead the super-prime lettings efforts in London. He will operate from the firm's prestigious Sloane Street office, collaborating closely with the Savills Private Office and its extensive international network to deliver bespoke services to a discerning clientele.

Further strengthening the team, Murdi van Hien also rejoins Savills as a Director within the super-prime lettings division. With more than 16 years of dedicated experience in the prime central London market, van Hien's return signifies a deep understanding of the nuances and demands of this exclusive segment. Her prior tenure at Savills provides a seamless integration into the existing operational framework.

This strategic consolidation arrives at a time when the demand for high-end rental properties in London remains robust, driven by international investors, relocating executives, and individuals seeking flexible, premium accommodation. The prime central London lettings market, characterized by its discretion and bespoke service requirements, represents a significant growth opportunity. Industry data indicates a sustained interest in prime property rentals, with factors such as global mobility and the desire for pied-à-terres continuing to fuel demand.

Amelia Greene, Head of UK Lettings at Savills, expressed enthusiasm for the integration, highlighting the strategic importance of expanding the super-prime lettings department. She emphasized that the evolving needs of clients, whether for short-term stays, business relocations, or educational purposes, necessitate a highly tailored and discreet service. The addition of Tunstall and van Hien is seen as crucial in meeting these sophisticated demands and reinforcing Savills' market leadership.

Mark Tunstall shared his excitement about returning to Savills, a firm where he previously laid the groundwork for its super-prime lettings success. He underscored a shared commitment to building enduring client relationships through straightforward advice and a deep understanding of individual needs. This alignment of values, coupled with the continued growth potential in the high-net-worth property sector, positions the integrated team for significant future achievements.