Posts Tagged ‘Savills’
BREAKING PROPERTY NEWS – 04/07/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. PRESS RELEASE: Backing by real estate market leaders ING Ventures, JLL Spark, Blackstone and Concrete VC will help accelerate PRODA’s efforts to scale its transformative rent roll data platform PRODA, the London-based data processing and analysis platform, has announced the completion of its Series A…
Read MoreSavills announces strong results from continued growth across its global network.
Savills plc today announced preliminary results for the full year ended 31st December 2017. Savills plc, announced strong results from continued growth across its global network. Commenting on the results, Jeremy Helsby, Group Chief Executive, said: “Savills has delivered another strong performance in 2017. Revenue and profits grew in each of our global Transaction Advisory,…
Read MoreAverage UK house price growth expected to slow over next 5 years says Savills
A recent research report from Savills the International Real Estate Adviser reveals that: Average UK house price growth is expected to slow to 14 per cent over the next five years, but there will be marked differences between and within regions. In their key numbers section they mention, 2018-2022 average UK house price growth forecast…
Read MoreSavills awarded Residential Adviser of the Year
This week at a gala ceremony held at the Grosvenor House Hotel in London’s West End, Savills the global real estate services provider was awarded Residential Adviser of the Year for a second consecutive year at the 2017 Estates Gazette Awards. Richard Rees, head of UK Development, was there to accept the award and commented;…
Read MoreThe auction room this month saw significant activity from commercial bidders looking for investment opportunities says Savills
News release yesterday 19th June 2017 from Savills headlines ‘June sees jump in sales at Savills regional auction’. A packed room and competitive pricing saw over £2.6 million raised at the latest Savills regional auction in Nottingham, which took place at the city’s racecourse on Thursday 8th June 2017. Victor Ktori, head of office at…
Read MoreYopa, DailyMail and Savills… Onward and upwards with Online Estate Agency it seems
It would appear the fear of online estate agency is now more or less a standard acceptance across the board, that it is likely to be part of or most of the future of estate agency in years to come. Be it major high street estate agencies or investment companies / media companies / consumer…
Read MoreSavills Plc announce they have traded in line with expectations.
Savills plc, the international real estate advisor, held their Annual General Meeting (AGM) yesterday 9th May 2017, they announced that during the year to date Savills has traded in line with expectations and ahead of the corresponding period in 2016, both as reported and on a constant currency basis. In relation to the UK Prime…
Read MoreSellers need to adjust their expectations of value says Savills
A recent UK news release from Savills published 24th April on their website headlined ‘Prime housing markets continue to adjust to uncertain times’. In the leading paragraph the report states: The UK’s prime regional housing markets have performed more strongly than London’s top postcodes for over two years. Lucian Cook, Savills head of residential research,…
Read MoreSavills announce that they have acquired Independent Estate Agent Granville Residential
Savills announced yesterday 11th April 2017 that it has acquired Granville Residential, one of the best known independent estate agents covering the Marlow, Maidenhead, Bourne End and Cookham area in Berkshire and Buckinghamshire. Savills stated that Granville Residential joins their network of 89 residential offices across the UK and an international network of over 700…
Read MoreSavills PLC announces record results
Savills plc, the international real estate advisor, today announces record results as the Group benefits from market share growth in key markets and its broad spread of services across the globe. Key Operating Highlights leads: The strength of our key commercial market positions, growth in Investment Management and the resilience of our residential businesses led…
Read MoreSavills anticipate no price growth over the next 2 years for prime London
News release published yesterday 5th January from Savills headlined ‘Realistic pricing delivers a boost to prime London Sales volumes’. Savills the International Real Estate Adviser stated, higher taxes and political and economic uncertainty continued to suppress prime London residential values throughout 2016, but as prices became more aligned with buyer expectations of value so the…
Read Moreyoung homeowner numbers plummets by more than half in 20yrs
New research by Savills for the Local Government Association (LGA) reveals that 46% of all 25-year-olds owned their home 20 years ago. In a generational shift, only 20% of 25-year-olds are on the housing ladder today, average house prices are now at 7.9 times average earnings, with the need for a high deposit creating an…
Read MorePeriod of adjustment for Prime Central London property
Property prices in Prime Central London are expected to be lower by the end of 2016 as buyers sit it out and wait for the Brexit negotiations to unfold, however by 2019 they are expected to be moving up again, according to a recent report. It is expected that In the next five years, prime…
Read MoreTop performing schools add value to homes.
A news article from Savills yesterday on their website headlined ‘Top Schools add up to 20% to house prices’. They stated in the introduction that: Homes in the vicinity of the top performing independent schools command a 25 per cent over the average for their region, while the clamour for homes close to the best…
Read MoreSavills PLC latest half year results
Savills plc, the international real estate advisor, yesterday announced its unaudited results for the six months ended 30 June 2016. Commenting on the results, Jeremy Helsby, Group Chief Executive of Savills plc, said: “Savills has delivered a strong first half performance with revenue growth across the Group. The resilience of our less transactionally focused businesses,…
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