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Savills Says H1 Pretax Profit Fell 7%, Sees Full-Year In Line
Savills Anticipates Overall Performance For 2019 To Be In Line With Expectations
Savills Plc Reports 10 Pct Rise In FY Group Revenue
Savills plc is a United Kingdom-based real estate services provider that offers specialist advisory, management and transactional services. The Company's segments include Transactional Advisory, Consultancy, Property and Facilities Management, and Investment Management. The Transaction Advisory segment consists of commercial, residential, leisure and agricultural leasing, tenant representation and investment advice on purchases and sales. The Consultancy segment is engaged in provision of providing a range of property services, including valuation, building and housing consultancy, environmental consultancy, landlord and tenant, rating, development, planning, strategic projects, corporate services and research. The Property and Facilities Management segment provides management of commercial, residential, leisure and agricultural property. The Investment Management segment consists of commercial and residential property portfolios for institutional, corporate or private investors.
Real Estate Operations
33 Margaret Street
Nicholas E.H. Ferguson
Non-Executive Independent Chairman of the Board
Group Chief Executive Officer, Executive Director
Group Chief Financial Officer, Executive Director
Chief Executive - Hong Kong, Macau and Greater China
Chief Executive Officer - Asia Pacific
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Real estate services provider Savills Plc <SVS.L> posted lower pretax profit for the first half, as uncertainty due to the U.S.-China trade dispute and Brexit led to fewer commercial transactions in Asia and Britain, respectively.
Real estate services provider Savills Plc on Thursday posted lower pretax profit for the first half, as uncertainty due to the U.S.-China trade dispute and Brexit hit its earnings from Asia and the UK, respectively.
Dubai prime residential property prices fell 1.9% in the first half of the year due to the market being oversupplied, real estate company Savills said.
UK-based real estate services provider Savills <SVS.L> said on Tuesday it expects lower transaction volumes in some markets this year because of Brexit-related uncertainties.
UK-based real estate services provider Savills said on Tuesday it expects lower transaction volumes in some markets this year because of Brexit-related uncertainties.
Residential real estate prices in Dubai could fall by 5 to 10 percent in 2019, weakened by new supply, a strong dollar and lower oil prices, the Middle East chief executive of Savills <SVS.L> said on Monday.
UK-based real estate services provider Savills <SVS.L> saw a sharp drop in commercial transactions in Britain in the first half as uncertainty ahead of Brexit made investors cautious.
Real estate services provider Savills Plc reported an 18 percent fall in first-half pre-tax profit on Thursday, as it invested more in its business, and said it had seen an influx of non-domestic investors in London's office market.
Property development company British Land Company Plc <BLND.L> said on Wednesday it was selling the third-party portfolio within its property management business Broadgate Estates to real estate agents Savills Plc <SVS.L>.
Britain's residential property market has seen stronger levels of activity since the middle of March after a very quiet start to the year, real estate agents Savills <SVS.L> said on Tuesday.
* APPOINTED A NEW UK CEO, JAMES SPARROW, AND UK MANAGING DIRECTOR, RICHARD REES
* SAVILLS SINGAPORE ANNOUNCES SALE OF WILSHIRE FOR S$98.8 MILLION TO JV OF TE2 DEVELOPMENT AND RP VENTURES PTE LTD THROUGH ENBLOC SALE Source text for Eikon: Further company coverage:
* SAYS THAT JEREMY HELSBY WILL RETIRE AS GROUP CHIEF EXECUTIVE AT END OF 2018
International estate agents Savills said it will beat underlying expectations for its 2017 results after high levels of commercial transaction volumes in Britain, Europe and Asia and growth in its British residential business.
* CENTURIA PROPERTY FUNDS ANNOUNCES SALE OF A SYDNEY CBD OFFICE PROPERTY, SWIRE HOUSE, FOR $270.05 MILLION Source text for Eikon: Further company coverage:
* HY GROUP REVENUE UP 15% (7% IN CONSTANT CURRENCY*) TO £714.4M (H1 2016: £622.7M)
* Savills - savills, on behalf of a client of savills investment management, sold 237,919 sq ft iforce distribution hub in Redditch, Worcestershire
* During year to date Savills has traded in line with our expectations and ahead of corresponding period in 2016
* Sold freehold interest of cleared development site at 65-70 white Lion street, London to LBS Properties for £12.6 million Source text for Eikon: Further company coverage:
The number of new homes built in London will reach 46,500 this year but total completions will fall by a quarter at the turn of the decade, estate agents Savills <SVS.L> said on Tuesday, in a further blow to efforts to tackle a mounting housing crisis.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.