Cluttons sells middle east business to Savills in order to focus on UK market

Cluttons has sold its middle east business, based in Dubai, to Savills for an undisclosed sum.

It will now focus on the UK market.

Cluttons was last year bought out of pre-pack administration by turnaround firm RCapital after a giant black hole in its pension fund.

Managing partner James Gray said: “We have a clear and ambitious growth plan for the business and this announcement is in line with our vision and decision to focus on the UK market.

“The Cluttons brand is highly regarded and we are recognised for our unique insights and expertise.

“As a result, the UK business is performing well, and we will continue to invest in exceptional talent and in enhancing our client offer.”

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