Company Tag: Savills

Savills flags diversification over volume as the defining trend in APAC's branded residential sector.

Ele Ross returns to the Scottish capital after three years in Islington, where she advised on more than £150mn of sales.

Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.

Rental price growth is 'stronger in markets most impacted by the Renters’ Rights Act,' says Savills, and much lower for the highest-value properties.

The big deal 'accelerates Savills strategy to scale in North America while strengthening its leadership position in both EMEA and Asia Pacific.'

Former Jackson-Stops agent has joined the Savills Ipswich team as associate director.

Savills reports annual falls of 3.3% for greenfield sites and 6.6% for urban land as viability concerns and weaker sales rates continue to stifle appetite.

Tenants from the continent accounted for a quarter of the agency's £5k-a-week-plus deals in H1, up from less than 10% a year ago.

Big-brand agency is relocating its Knightsbridge operations to Sloane Street.

New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.

88% of Savills' London agents report weaker seller sentiment, rising to 94% in the country, but the market is far from frozen.

Many are reviewing rental values and adjusting portfolios in response to growing regulatory, tax and borrowing pressures, says agency.