
Savills Completes Acquisition of Mark Tunstall Property
Participants
Why It Matters
The acquisition deepens Savills’ foothold in the ultra‑luxury rental segment, positioning it to capture growing demand from affluent tenants and landlords in a market where bespoke service commands premium fees.
Key Takeaways
- •Savills acquires Mark Tunstall Property, a super‑prime London lettings firm
- •Mark Tunstall returns as co‑head of super‑prime lettings, London
- •Murdi van Hien rejoins Savills as director in super‑prime team
- •Acquisition expands Savills’ high‑net‑worth rental portfolio across UK
- •Strengthens Savills’ private office links with international landlord network
Pulse Analysis
The UK’s super‑prime rental market has become a battleground for elite property firms seeking to service high‑net‑worth clients who demand discretion, flexibility, and premium locations. By absorbing Mark Tunstall Property, Savills not only adds a boutique portfolio of high‑value homes in prime central London but also eliminates a competitor that previously catered to the same affluent segment. This move aligns with a broader industry trend where large agencies acquire niche specialists to accelerate growth and deepen market intelligence, especially as global wealth continues to flow into London’s luxury housing.
Leadership talent is a critical differentiator in the super‑prime space, where relationships often outweigh transaction volume. The return of Mark Tunstall, the architect of Savills’ original super‑prime lettings team, and the re‑entry of Murdi van Hien signal a strategic emphasis on continuity and client trust. Their combined experience—over three decades in prime London lettings—enhances Savills’ ability to deliver bespoke services such as short‑term pied‑à‑terre placements, corporate relocations, and trial‑period rentals, all of which are increasingly sought after by multinational executives and high‑earning families.
For the broader UK property market, Savills’ expanded super‑prime capabilities could pressure rivals to consolidate or innovate their own high‑end offerings. The acquisition may also boost Savills’ revenue streams, as super‑prime lettings typically command higher commissions and longer tenancy durations. Moreover, the strengthened private‑office integration offers international investors a seamless conduit to acquire or manage luxury assets in London, reinforcing the city’s status as a global safe‑haven for wealth preservation. As demand for discreet, high‑quality rental solutions grows, Savills is well‑positioned to capture a larger share of this lucrative niche.
Deal Summary
Savills has completed the acquisition of Mark Tunstall Property, a super‑prime lettings and management business in central London. The deal expands Savills’ super‑prime lettings offering to high‑net‑worth landlords and tenants across London and the UK.
Comments
Want to join the conversation?
Loading comments...