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Savills strengthens global status

  • United Arab Emirates: Sunday, August 03 - 2008 at 15:04
  • PRESS RELEASE

International property adviser Savills has been ranked number four worldwide, according to leading UK publication Estates Gazette's annual survey of property advisors.

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The survey, based on turnover at year end 2007, reports Savills has risen the global ranks to number four from the position of number five.

The firm achieved an annual turnover of £651m in 2007 across its 171 offices with over 18,000 staff.

According to Estates Gazette, Savills has retained its status as number three in Europe, and number one in the UK. The UK position has been retained by the firm for nine consecutive years.

Jeremy Helsby, CEO of Savills Plc, comments: "This result reflects our global growth having moved into the US, and expanded teams in Europe and Asia over the past year. This international reach will enable us to maximise opportunities in the current challenging economic market."

Andrew Chambers, Managing Director of Asteco - Savills partners in the Middle East - added:

"It gives us great pride to be associated with such a respected and reputed global consultancy and we congratulate Savills on this achievement. Customers across the region will definitely benefit from Savills global expertise and we're confident that together, we can optimise cross-border opportunities."
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About Savills

Savills plc is a leading international property services company with a full listing on the London Stock Exchange. The company has undergone dynamic growth in recent years, establishing itself as a powerful player on the international stage with offices and associates throughout the UK, Europe, Asia Pacific and Africa.

Savills is the trading name for the property service subsidiaries of Savills plc which advise on commercial, rural, residential and leisure properties. Services include transactional advice, consultancy, property management, facilities management, fund management and financial services.
Eman Hassan Posted by Eman Hassan
Sunday, August 03 - 2008 at 15:04 UAE local time (GMT+4)

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