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Savills Sees FY Underlying Results To Be At Upper End Of Expectations
Savills Plc HY Pre-Tax Profit Plunges 69%
Savills Says Net Debt At June 30 Expected To Be Significantly Lower Than Last Year June
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
Simon James Blouet Shaw
Group Chief Financial Officer, Executive Director
Chief Executive Officer – Savills Investment Management
Chief Executive - Hong Kong, Macau and Greater China
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London-listed real estate adviser Savills Plc on Thursday reported a 69% slump in first-half pretax profit as commercial deal activity was hammered by coronavirus-led restrictions that prevented property visits across its markets.
Real estate agency Savills Plc on Thursday reported a 69% drop in first-half pretax profit as deal activity was hammered by coronavirus-led restrictions that prevented property visits.
* WITHDRAWING PREVIOUSLY ANNOUNCED PROPOSED DIVIDENDS Source text for Eikon: Further company coverage:
Real estate adviser Savills Plc reported a 5.7% rise in full-year profit, helped by strong growth in its property management and consultation businesses.
Real estate adviser Savills Plc on Thursday reported a rise in full-year profit, as a late pick-up in its UK business following the general elections helped offset weakness due to Brexit and political unrest in Hong Kong.
London's main index gained on Monday, in step with other global peers, as investors took heart from the imminent signing of a Phase 1 U.S.-China trade deal, while a jump in shares of utility Pennon Group helped the midcaps outperform.
Real estate services provider Savills Plc said it expects annual underlying results to be at the upper end of its expectations as its British business saw a pick up in both commercial and residential markets after the general elections.
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 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 expected a decline in transaction volumes in some markets this year due to 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.
* CEO says hard Brexit means short-term uncertainty for clients
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 said on Wednesday it was selling the third-party portfolio within its property management business Broadgate Estates to real estate agents Savills Plc.
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 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
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