Savills has reported a decent first half to the year, with the real estate Group's revenue rising by 8% to £430.8m (from £399m in H1 2013), and pre-tax profits going up by 16% to £30.1m
The prime lettings market has "picked up" in the first half of the year, says Savills, as a slow-but-steady economic recovery drives confidence and employment
An in-depth look at Westminster's prime resi market has estimated that the owners of properties worth more than £15m each spend around £4.5m in London annually, with those in the £5-£15m range dropping around £2.75m.