Company Tag: Savills
London property: historically stable, and not over-heating – Savills
The prime London property market is historically stable, with prime London house prices recording an unprecedented two and a half years of steady growth, according to the latest from Savills.
Savills stock plummets as Oaktree sells up
Shares in Savills have dropped by 7.4% as Oaktree Capital - who just floated Countrywide - sold nearly 6% of the business (approx. 7.8 million shares), according to Thompson Reuters.
Big landlords are “raising the bar” for tenants, as London rents forecast to grow by 24% by 2018 – Savills
Rents in prime London rose by 1.
Asian activity and London demand drive Savills’ profits up 21%
Savills' pretax profits rose 21% to £60.8m on a group revenue of £806.4m (up 12% on the year) in 2012, thrashing most analysts' expectations.
Scottish prime prices now 20% below peak (and they need to come down another 10%) – Savills
Prices in Scotland's prime market (classed as anything over £400,000) have fallen 20% from peak, according to the latest figures from Savills.
Savills’ resi auction breaks records with £50m haul
Savills' residential property auction, held on Monday, broke the firm's capital value result record, bringing in over £50m through 195 lots (Savills' largest catalogue for two years).
Former Savills Director joins Deverell Smith as NED
Ian Stewart, Chairman of Prime Purchase and formerly Head of London Residential and Main Board Director of Savills has joined the Board of Deverell Smith Recruitment as a Non-Executive Director.
New homes department and new address for Savills Chiswick
After a solid ten years in the salubrious suburb of suburbs, Savills Chiswick is trading up to a new base on Turnham Green Terrace next month.
Dragonfly recruits former Savills Private Clients Director
Maria Magnussen, a former Private Clients Director at Savills, has joined bridging loan specialist Dragonfly Property Finance as Senior Business Development Manager.
New blood for Savills Country House Consultancy
Edward Pettit-Mills has joined Savills' Country House Consultancy business as an Associate in Newbury.
Savills maps-out house price forecasts
Savills have come up with a nifty way of getting their property forecasts out there, launching an interactive "Five Year Forecast Tool" that can be used either straight from the Savills website, or be…
Cordea Savills’s resi fund starts spending
Cordea Savills's first London Residential Development Fund has started buying, spending £40m on two adjacent properties in Chelsea.