Forbes Global Properties has established a UK operation targeting ultra-prime residential property, with a focus on London homes above £10 million and regional properties valued over £5 million.
The business will be led by Martin Bikhit, who brings over 30 years of estate agency experience, most recently with Berkshire Hathaway HomeServices. The operation will serve as the exclusive UK representative of the Forbes Global Properties network.
Market focus and structure
The new venture will operate alongside Bikhit’s existing agency, Kay & Co, which was established in 1982 and specialises in prime London sales and lettings. Target markets include prime central London, the Home Counties, and selected regional locations with established high-value housing markets.
The company will operate a brokerage model and plans to recruit founding agents during its launch phase. Agents joining the platform will continue operating within their local markets while accessing the Forbes Global Properties brand and international network. The business will provide operational support including marketing, compliance, accounting and company administration services.
International expansion context
The UK launch follows a pattern of international property market expansion, with several markets opening to foreign buyers in recent years. Similar to other property service providers expanding internationally, the company aims to connect high-net-worth clients across borders.
The business will handle London townhouses and apartments, country houses, estates and larger residential assets. Michael Jalbert, CEO of Forbes Global Properties, stated: “The United Kingdom is one of the most important destinations for the world’s most discerning buyers.”
Bikhit commented that the timing combines the Forbes brand with UK market expertise to serve clients within a specialised market segment.
