Savills buoyed by London market

Savills said buoyant demand for prime London homes and a “quicker than expected pick-up in the regions” helped to offset tough conditions in Hong Kong and boost trading in the third quarter of the year. The property agent said yesterday that it nows expects full-year results to be at the upper end of previous forecasts. In London, transactions rose by over 12 per cent and the average value was up six per cent to £3m.