Knight Frank, the London-based property services firm, has appointed Andrew Sim as head of global capital markets.
Sim, who joined the firm in 1995, will take over from incumbent Peter MacColl, whose tenure in the role ends later this month.
Knight Frank said Sim's background in establishing the firm’s pan-European cross-border capital markets team and serving on the global capital markets board since its conception gives him an “excellent springboard from which to lead the service line globally”.
MacColl, who has been at the firm since 1982, will continue to lead the UK capital markets team and will remain involved in the global platform, focusing on cross-border business generation and key global client relationships. Sim, who was previously head of European investment, will also continue to lead the European capital markets team in cross border transactions.
“We remain resolutely focused on the growth of our global capital markets service line and, alongside those of residential, occupiers and valuations, it is absolutely central to our firm’s new five-year strategy,” said Alistair Elliott, group chairman and senior partner.
“Peter has taken huge strides while in this role and we are both certain that Andrew is best placed to continue driving this part of the business forward,” he added.