Urbis goes with the flow with Water Economics

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URBIS Australia’s international business, Cistri, is expanding its presence in Asia by merging with Hong Kong-based Water Economics.

Urbis Australia CEO Benjamin Pollack said the announcement underscores the company’s commitment to clients and their city-shaping projects around the world.

“With offices in the international financial hubs of Singapore and Hong Kong, supported by our network of Australian offices, we are well-positioned to support clients regardless of where they invest, and facilitate the creation of vibrant cities and communities across the region,” he added.

Waters Economics, founded by Fiona Waters, will significantly enhance Cistri’s multi-disciplinary services to include key expertise in urban and property economics. Waters Economics will trade as Cistri from 16 May 2018 and the Singapore and Hong Kong Cistri offices will jointly serve the Asia market.

“Increasing density, rapidly growing urban centres and heightened community engagement in urban development continue to give rise to a range of complexities, which require a truly integrated approach,” Waters said.

“By merging our expertise, we are now able to support clients across a wider spectrum of disciplines, economics, property, planning and design, whilst maintaining our common goals in shaping cities and communities and adding value to people, places and property.” Waters concluded.

In addition, Cistri will introduce planning and design services into Cistri Hong Kong, led by newly appointed director, Andy Lewis.

The Asian offices will be supported by Urbis Australia, which employs over 500 professionals in Australia.

Australian Property Journal