Savills trading ahead of expectations – and ahead of where it was a year ago

Savills has reported that in the year to date it is trading in line with expectations, and ahead of the same period last year.

This is despite volumes in the UK residential market being lower.

However, its UK rural business has performed better than expected.

Global firm Savills expects a “short-term adverse impact” on UK residential transaction activity in the period leading up to the General Election.

It concluded in its AGM statement of yesterday: “While we have started the year well, typically the first four months represent a disproportionately small element of the expected out-turn for the full year.

“Against a political and economic backdrop which demonstrates greater levels of uncertainty than a few months ago, we continue to anticipate that our performance will remain in line with our expectations.”

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2 Comments

  1. Hillofwad71

    Savills . No doubt about it a class  act.Head and shoulders amongst their  peers .Can’t see them rushing to cut price their  fees  or  see Giles parading around the office with his  Branch Manager of the month and “Let’s do Retail ” badges

    Report
    1. mrharvey

      Them and MartinCo seem to be best led of the bunch cos they just get on with it. CW could learn lessons from them both.

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