Savills reports strong UK & global revenue growth
Savills saw a 10% jump in global revenues from 2018 to 2019 as the Plc shifts its emphasis from property transactions to "less transactional" services. UK profits increased by 7%, with UK residential revenues climbing by 6% despite tough market conditions.
Savills posts record results as residential sales revenue doubles
Like other property PLCs, Savills' profits have surged this year. The firm's UK Residential Transaction Advisory business posted record revenue in H1, nearly doubling (+97%) compared to last year.
Savills’ UK resi profits slumped by 54% in the first half of this year
Sales operations were hit hard by the Coronavirus pandemic in H1. But the Private Rented Sector proved a bright spot for Savills, with "an outstanding performance" seeing revenue jump by 87%.
‘Purplebricks 2.0’: Estate agency trumpets strong performance & rolls out a ‘Money Back Guarantee’
"Today we present Purplebricks 2.0," declares CEO Vic Darvey, as the hybrid estate agency sets an ambition to double its market share to 10% of property sales over the next few years.
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PCL heavyweights to build London-UAE corridor for Sotheby’s International Realty
Knight Frank & Savills high fliers brought in to create 'specialist cross-border partnership' focusing on luxury transactions.
Savills names new Mayfair sales head
Nick Verdi takes the reins of agency’s high-profile operation based on North Audley Street.
Ex-Savills director joins Moveli
Upper-market brokerage continues to scale its national agent network.
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Savills appoints new lettings heads in Surrey
Agency strengthens Cobham and Guildford teams as regulation reshapes the rental landscape.
London’s prime rental market has slumped, but there’s a super-prime bright spot
Survey of the capital's luxury lettings scene reveals key trends, big deals & an out-performing neighbourhood...
Much Ado About Nothing: Why bifurcation, not decline, is the real story in Prime Central London
Richard Rogerson explains how quality is now defining liquidity in the capital’s top neighbourhoods - and flags more key trends to watch in 2026, from shifting demographics to the return of debt.
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
With more than three-quarters of apartments now sold, the Bayswater landmark unveils another 'Designer Collection' apartment, created by Irish interiors maven Maoliosa Murray.
Call for urgent demand-side stimulus as worst-case risks emerge for London’s new-build pipeline
Industry analysis flags risk of sharp slowdown and potential developer exit as existing projects near completion.
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OB Private scales up with senior hires & new brokerage arm
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Ex-architecture MD bets on proprietary LLM and geospatial engine to disrupt postcode-led property search.
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Survey of Sotheby’s global agents reveals portfolio buying habits, security concerns, tax sensitivities and uneven price growth.
‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
With more than three-quarters of apartments now sold, the Bayswater landmark unveils another 'Designer Collection' apartment, created by Irish interiors maven Maoliosa Murray.
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.