Savills has acquired a majority stake in Singapore-based Alpina Holdings. Savills will initially hold 70 percent ownership of Alpina, with options that will increase Savills ownership to 100 percent in 2030.
Alpina is a leading provider of government and public sector works, offering a comprehensive range of building solutions including, integrated building services, mechanical and electrical engineering, and alteration and addition services.
“Alpina advances our regional strategy to establish the most comprehensive integrated Property and Facilities Management platform in the Asia Pacific. We will be able to deliver the scale, technical depth and governance required for complex, multiyear contracts,” said Mark Ridley, group chief executive of Savills.
Marcus Loo, CEO, Savills Singapore said, “We are delighted to announce the acquisition of Alpina, marking a significant opportunity for Savills Singapore to scale across the public and private sectors. Under
