Savills PLC (SVS.L)
24 Jan 2017
* Group experienced a strong finish to year with completion of significant volumes of commercial and residential transactions in a number of our businesses around world
LONDON Up to half of planned commercial developments in central London could be delayed over the next few years due to concerns about Brexit, and overall investor returns will be flat in 2016, estate agents Savills said on Tuesday.
* Underlying profit rises 11.5 percent, helped by China (Adds quotes, details)
LONDON, Aug 9 Estate agent Savills said profits at its British commercial property business fell 54 percent in the first half of the year, hit by a referendum on EU membership, and that the vote and upcoming U.S. presidential election had hit sentiment.