News

"The UK has seen signs of prime yield stabilisation in the retail sector with further hardening forecast, according to international real estate advisor Savills. "

"International real estate provider Savills has completed the sale of the former offices of the Irish Permanent Representation to the European Union."

"Total property investment volumes in Poland reached €945 million in H110 which, according Savills, is 50% up on the same period last year. In addition, the international real estate advisor expects the increased investor appetite to continue."

"Lease renegotiations are driving Warsaw’s office market accounting for 40% of deals, according to Savills. This demand has significantly contributed to net take up levels, which are now in line with supply and indicate the market is showing signs of stabilising. "

"This stunning waterfront house is located in the prime residential area of Cedar Drive, The Redhill Peninsula, Tai Tam, with an indicative price of HK$77 million."

"Savills has been appointed as the sole agent for the sale by sealed bid tender of House C Cheuk Nang Lookout at 30 Severn Road, The Peak. "

"RESULTS FOR THE HALF YEAR TO 30 JUNE 2010 Savills plc, today announces its unaudited results for the six months to 30 June 2010. Key Financial Information: ? Group revenue increased 23% (22% in constant currency) to £304.4m (2009: £247.6m)? Group profit before tax recovered to £14.4m (2009: £0.1m)? Underlying Group profit before tax* grew to £17.2m (2009: £2.5m)? Basic earnings per share increased to 7.9p (2009: 0.7p)? Underlying basic earnings per share increased to 9.6p (2009: 1.3p)? Interim dividend of 3.0p per share (2009: 3.0p)? Net cash of £20.1m (2009: net debt £0.4m)* After adjusting for certain share based payments £1.4m (2009: £1.0m) and the amortisation of acquired   intangible assets £1.4m (2009: £1.4m)"

"Office investment activity in Belgium has increased by 96% during H110, when comparing year on year data, with Belgium investors accounting for 75% transactions. This is according to international real estate advisor Savills."

" International real estate advisor Savills has successfully advised on 2010’s biggest office letting transaction to date in Neuss. In addition it has secured tenants for properties in Berlin and Munich. "

"Mr. Leon Cheneval from Savills Vietnam was one of the guest speakers invited to the congress as a part of Vietnamese delegation. "