Mansion tax talk and cooling London house prices fail to dent Savills expectations November 18, 2014 Upmarket estate agent Savills is weathering the moderation of the London property market and the fall in commercial trading volumes in Hong Kong, as other global hotspots continue to perform. In an interim statement published today, the group said it has been affected by the threat of a mansion tax, which could be implemented after [...]
Londoners selling up for new life in the country boosts Savills August 8, 2014 Londoners swapping life in the capital for a new home in the countryside helped boost sales volumes in the regions and lift profits at property group Savills. The company said a recovery in the markets outside of London helped lift sales volumes by 20 per cent in the first half of the year compared to [...]
Savills move for Hewitt ends male monopoly June 24, 2014 Savills, one of the world’s largest real estate companies, yesterday appointed Liz Hewitt as an independent non-executive director. In doing so, Savills brought an end to the male monopoly in its boardroom. Hewitt is non-executive director of Melrose Industries, Novo Nordisk A/S and Synergy Health and has experience at two FTSE 100 companies.
High demand for London homes helps drive record sales at Savills March 20, 2014 PROPERTY agent Savills yesterday said strong demand for London properties had helped drive full year revenues to a record high. The firm, which specialises in property development, planning and valuation, said revenue grew 12 per cent to £904.8m last year, with pre-tax profit up 35 per cent to £70.1m. Its UK estate agent business, which [...]