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Savills PLC (SVS.L)

SVS.L on London Stock Exchange

926.50GBp
11:59am EDT
Change (% chg)

-8.00 (-0.86%)
Prev Close
934.50
Open
935.00
Day's High
936.00
Day's Low
922.50
Volume
149,489
Avg. Vol
241,703
52-wk High
1,046.00
52-wk Low
850.00

Latest Key Developments (Source: Significant Developments)

Savills Announces Group Chief Executive Succession Plan
Tuesday, 16 Jan 2018 02:00am EST 

Jan 16 (Reuters) - Savills Plc ::SAYS THAT JEREMY HELSBY WILL RETIRE AS GROUP CHIEF EXECUTIVE AT END OF 2018.SAYS JEREMY WILL BE SUCCEEDED BY MARK RIDLEY, CURRENTLY CEO OF SAVILLS UK AND EUROPE, EFFECTIVE 1 JANUARY 2019.SAYS MARK WILL JOIN BOARD OF SAVILLS PLC AS DEPUTY GROUP CHIEF EXECUTIVE ON 1 MAY 2018.  Full Article

Savills says performance for FY will be in line with board's expectations
Thursday, 10 Aug 2017 02:00am EDT 

Aug 10 (Reuters) - Savills Plc :H1 PRETAX PROFIT ROSE 27 PERCENT TO 32.4 MILLION STG.INTERIM DIVIDEND 4.65 PENCEPER SHARE.HY GROUP REVENUE UP 15% (7% IN CONSTANT CURRENCY*) TO £714.4M (H1 2016: £622.7M).HY GROUP UNDERLYING PROFIT BEFORE TAX UP 12% (5% IN CONSTANT CURRENCY) TO £48.1M (H1 2016: £42.8M).HY GROUP PROFIT BEFORE TAX UP 27% TO £32.4M (H1 2016: £25.5M).HY UNDERLYING BASIC EARNINGS PER SHARE UP 18% TO 25.7P (H1 2016: 21.8P).HY BASIC EARNINGS PER SHARE UP 39% TO 16.1P (H1 2016: 11.6P).HY INTERIM DIVIDEND INCREASED 6% TO 4.65P PER SHARE (H1 2016: 4.4P).CONTINUE TO ANTICIPATE THAT PERFORMANCE FOR FULL YEAR WILL BE IN LINE WITH BOARD'S EXPECTATIONS.  Full Article

Savills says proposed acquisition of Aguirre Newman S.A.
Friday, 28 Jul 2017 07:20am EDT 

July 28 (Reuters) - SAVILLS PLC ::FURTHER BUILDING SCALE OF SAVILLS EUROPEAN REAL ESTATE SERVICES BUSINESS.DEAL FOR UP TO EUR 67 MILLION PAYABLE IN INSTALMENTS OVER FIVE YEARS FROM COMPLETION.SAYS PROPOSED ACQUISITION OF AGUIRRE NEWMAN S.A..ACQUISITION IS SCHEDULED TO COMPLETE BY 30 NOVEMBER 2017 FOLLOWING SATISFACTION OF CUSTOMARY REGULATORY AND CLOSING CONDITIONS.SAYS PURCHASE CONSIDERATION WILL BE FUNDED FROM SAVILLS CASH AND EXISTING BANKING FACILITIES.  Full Article

Savills sells distribution hub in Redditch for 25.15 mln stg
Monday, 12 Jun 2017 07:09am EDT 

June 12 (Reuters) - Savills Plc :Savills - ‍savills, on behalf of a client of savills investment management, sold 237,919 sq ft iforce distribution hub in Redditch, Worcestershire​.‍Royal London Asset Management has acquired warehouse for 25.15 million stg, reflecting a net initial yield of 5.35 pct.​.‍JLL advised Royal London Asset Management​.  Full Article

Savills says trading to date ahead of year ago
Tuesday, 9 May 2017 05:30am EDT 

May 9 (Reuters) - Savills Plc ::During year to date Savills has traded in line with our expectations and ahead of corresponding period in 2016.In UK commercial markets, Savills has maintained a significant share of Prime Central London investment and leasing markets.In the UK commercial markets, uncertainty continues to affect transactional volumes.Outside London, transactional volumes and professional and development services have grown over comparable period in 2016.As expected, volumes in UK prime residential market have been lower in year to date.Period leading up to UK general election is expected to have a short term adverse impact on residential transaction activity over next few weeks.Against backdrop which demonstrates greater levels of uncertainty than few months ago, continues to see performance in line with expectations.  Full Article

Savills sells Dixons Carphone's HQ office for 83.5 mln stg
Wednesday, 21 Dec 2016 05:26am EST 

Savills Plc : Sale on behalf of Crosstree Real Estate Partners . Savills - has sold Dixons Carphone's headquarters office at 1 Portal Way in Acton, London W3 to Imperial College. Off-Market sale completed for 83.5 million stg .Sale representing a net initial yield of 4.68 pct assuming full costs.  Full Article

British Land sells third-party property management portfolio to Savills

May 9 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.