Switzerland-based international real estate services firm Savills has strategically broadened its European residential reach through the acquisition of Swiss holiday rental agency, Verbier Hospitality SA, also known as Verbier Location.
Established in 1991, Verbier Location specializes in holiday rentals in the southern Swiss region of Verbier, offering comprehensive services for short-term rental and property management for owners.
This acquisition signifies Savills’ continued residential expansion into Europe, introducing a new service line to the Savills Ski network, which comprises six branded Savills offices and two associates across the Alps.
Verbier Location will operate in conjunction with the existing Savills office in Verbier, enhancing an integrated sales and seasonal rental platform for clients.
Jeremy Rollason, head of Savills Ski, commented, “Jürgen and his experienced team are well-established and highly respected in the Verbier market, bringing valuable expertise and market knowledge to our existing sales business. This acquisition enables us to extend property management and dedicated rentals as part of a comprehensive property services package in this crucial Swiss ski resort.”
Founder of Verbier Location, Jürgen Taudien, expressed excitement about the partnership, stating, “Savills will contribute international know-how and real estate expertise to our existing business. I am thrilled about this new partnership, opening new opportunities for the benefit of our customers, property owners, service partners, and my dedicated team at Verbier Location.”
In a related move in October, Franco-Swiss high-end, short-term rental property management scale-up, Emerald Stay, expanded its presence in the Verbier market by acquiring Cotswolds-based luxury chalet operator Ski Verbier Exclusive.
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By Ravi Kumar