Knight Frank is looking up: Alistair Elliott & Stephen Clifton interview

A Elliott & S Clifton - Knight Frank

Senior partner Alistair Elliott and UK commercial head Stephen Clifton tell Guy Montague-Jones how the firm managed to bounce back after a dip in profits

Knight Frank, one of the few partnerships of scale left, has had its own difficulties in the face of the weak UK market for luxury homes. The company’s profits in both 2016 and 2017 dipped, partly as a result of the slowdown.

But financial results for the year to the end of March, published earlier this week, show that the business has turned a corner. Turnover was up 10% and profits jumped 14%, returning to their 2015 level.

In an interview with Property Week, Knight Frank senior partner and chairman Alistair Elliott and head of UK commercial Stephen Clifton argue that the business is now in better shape than ever and that far from being a hindrance, its partnership model is an advantage.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now