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LON250:SVS, May 22, 04:00 UTC

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Friday, May 10


News

Director Deals - Savills PLC (SVS), 10 May 2019 17:20

SVS

10 May 2019, 17:20. Mark Ridley, Chief Executive Officer, sold 3,733 shares in the company on the 9th May 2019 at a price of 884.20p. The Director now holds 182,961 shares. NOTE: Sold to meet tax liabilities etc. Director deals data provided by www.sharesmagazine.co.uk. Related Charts. Savills (SVS)delayed 17:54PM. We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies from this website. If you would like to change your preferences you may do so by following the instructions here.

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Wednesday, May 08


News

Savills sees performance second-half weighted amid subdued trading in some markets

SVS

Savills sees performance second-half weighted amid subdued trading in some markets. StockMarketWire.com - Real estate group Savills said trading volumes in some markets had been subdued so far this year, due to political and economic uncertainty. 'The commercial transaction business is also proving resilient, particularly in central London, however, volumes across the UK have declined and development activity is relatively subdued,' Savills said. 'In the UK market, there remains significant investor demand but commercial transaction activity in the next few months may continue to be overshadowed by the prolonged uncertainty over Brexit, the exact impact of which is difficult to determine at present.'.

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Tuesday, April 09


News

Savills IM acquires Charlemont Exchange in Dublin for €145m

SVS

The firm has acquired Blocks A-C (Phase 1), which has recently undergone a full refurbishment and achieved LEED Gold certification, as well as Block D (Phase 2) which is currently being refurbished. The acquisition is structured as a purchase of Phase 1 and a forward commitment to purchase Phase 2 upon completion of the refurbishment work, anticipated to be completed in Q4 2019. In October 2018, Savills office leasing team completed the letting of Charlemont Exchange with WeWork signing a 20 year lease contract. Savills leasing team advised that the letting and subsequent sale of the building is a strong endorsement for the Charlemont Street area, which is undergoing significant improvement and restoration.

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Thursday, April 04


News

Savills IM acquires Paris logistics property from Barings

SVS

A fund managed by Savills Investment Management has bought a newly-constructed distribution warehouse in Greater Paris from Barings. The European Logistics Fund 2 (ELF 2) fund acquired the 30,420sqm logistics property in Le Coudray-Montceaux for an undisclosed amount. Laurent Vouin, head of France and Belux at Savills IM, said: “This purchase gives ELF 2 yet another first-class distribution warehouse in France. Severine Maumy-Laffineur, managing director, country head for France, Barings, said: “This sale is ahead of our value-add business plan and delivers exceptional returns for our investors.

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News

Savills launches Edinburgh lettings business - Scottish Construction Now

SVS

Savills has launched a new Residential Lettings service in Edinburgh. Charles McCosh has been appointed head of the new team, specialising in the letting and management of flats, townhouses and family homes. Craig Timney, head of Savills Edinburgh, said: “We are delighted to welcome Charles McCosh on board, who has the calibre and experience to bring a new, high quality lettings service to the Edinburgh market. “Savills Lettings will complement our Residential business and Charles will also be working closely with our Private Rented Sector (PRS)/Build to Rent and Residential Development colleagues.

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Tuesday, March 26


News

European commercial real estate investment volumes forecast to reach €230bln in 2019: Savills

SVS

According to the international real estate advisor, whilst Germany, the UK and France will continue to attract the lion’s share of investment, Poland (+46%), Denmark (+38%), Finland (+32%) and Portugal (+27%) are all forecast to significantly see commercial investment volumes exceed their respective five year averages in 2019 (see Chart 1). “At the same time, Singaporean investments in Europe almost doubled from €2.9bn in 2017 to over €5.6bn in 2018, accounting for 10% of the total overseas volume and making them the second biggest non-European investor group. South Koreans invested €5.4bn in 2018, up from €4.89 in 2017, the third biggest investor group. While continuing to target offices in CBD locations they have recently broadened their market coverage to non-core countries, notably Belgium, Poland, Italy, Ireland, Denmark and Spain.”. Mike Barnes, Associate, European Research, Savills, adds: “As well as logistics, multifamily investment in core cities with strong demographics will remain high on the wish list of investors this year. Savills highlights that the gap between average European Prime Office CBD yields and 10-year government bonds is wide by historical standards (212 bps in 2018, compared to 185 bps in 2008/2009, see graph below) and as long as this gap remains, buyers will continue to invest in commercial real estate to receive higher returns in an income-led environment.

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Monday, March 25


News

Savills Studley Creates Series Of Moves For Improvement : Company : Business Times

SVS

Savills Studley has announced that they intend to upgrade their services starting by changes. From Savills Studley--the name by which they operated from their start as a new player in the Houston market in 2003 as the Studley tenant representation firm--the real estate firm have re-branded themselves, simply going by the name Savills. He added that this reaffirms their services and solutions provider to different clients in terms of productivity and profitability, whether they are locally found or are international clients. According to Rejournals, both have been serving the company for a total of 39 years combined, creating more than 35 million sq ft of deals and transactions on behalf of the firm.

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Tuesday, March 19


News

Savills Studley adopts new brand reflecting global real estate services

SVS

Savills Studley, a global real estate firm that entered the Houston market in 2003 as the Studley tenant representation firm, has rebranded simply as Savills. "The transition builds on our 65-year legacy as the leading tenant advisory firm in the U.S.," North American Chairman and Chief Executive Mitchell S. Steir said in an announcement. "This change of our name to Savills reaffirms our commitment to providing comprehensive services and solutions that drive profitability and productivity for our clients, whether they are around the corner or on the other side of the globe." Listed on the London Stock Exchange, Savills is a 160-year-old real estate service provider with more than 36,000 employees and 660 offices in 71 countries.

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News

Savills Studley Announces Corporate Rebranding as Savills

SVS

This change aligns the U.S. arm of the business with the global platform of Savills plc (SVS.L). In May 2014, the company entered the U.S. commercial tenant advisory market with the acquisition of Studley, Inc., combining global offices in Asia Pacific, Continental Europe, the Middle East, North America and the U.K. North America delivered impressive growth in 2018 with revenue up 18 percent and underlying profit up 64 percent.“Just as our previously announced merger with Studley strengthened our presence in North America, the Savills branding signals to our clients, domestically and globally, that our specialists can seamlessly provide leading real estate expertise delivered locally but linked worldwide,” said Mark Ridley, global CEO of Savills. During an active period of coast-to-coast expansion, the firm acquired several top brokerage offices, teams and consultants in Atlanta, Austin, Boston, Chicago, Dallas, Denver, Minneapolis, Nashville, North Carolina, Phoenix, Seattle, Silicon Valley, Southern California, Toronto and Washington, D.C. Over the past five years, transactional revenue has increased by more than 55 percent and gross global fees from cross-border transactions by 122 percent each year. “We are investing heavily in innovative client technologies like our award-winning intelligence platform Knowledge Cubed, and our office and advisory service Workthere. And we will continue to enhance our chosen areas of commercial real estate, including capital markets, to deliver our clients the most value possible.”The firm will be releasing new marketing collateral as part of the repositioning around its core idea: “Amplify the power of people,” asserting the company’s ability to adapt and optimize client spaces and outcomes.

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Thursday, March 14


News

Broker Forecast - Peel Hunt issues a broker note on Savills PLC

SVS

Broker Forecast - Peel Hunt issues a broker note on Savills PLC. 14 March 2019 | 10:50am. StockMarketWire.com - Peel Hunt today downgrades its investment rating on Savills PLC [LON:SVS] to hold (from buy). Story provided by StockMarketWire.com. Broker Forecasts data provided by www.sharesmagazine.co.uk. LATEST STOCK MARKET NEWS AND OFFERS. Get the latest stock market and investment news, market wraps, promotions and more! Latest share price and company details:. Savills (SVS) Share Price. 888.50 0.00 ( 0.00 %) delayed: 05:00AM. Price delayed by 15 minutes.

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