Reports of bonanza earnings by the partners in Knight Frank UK, set me thinking about the globalisation of the estate agency business, and the implications for people involved in the industry. So, whilst Knight Frank enjoyed a bonanza through a booming residential market, when that weakened, the commercial departments produced the goods. It's also interesting that Knight Frank can produce such profits, given their size relative to the other big global players. Knight Frank has a very strong Irish operation and will be delighted to be part of this story. And another lesson is that, whilst size matters, margin is even more important.

Source: Irish Independent April 04, 2019 01:38 UTC