Savills strides ahead in league tables and retains UK number one status
Savills has been ranked UK number one, according to a leading trade publication Property Week’s annual survey of property advisors published today Friday 4 June 2010. Savills has retained number one status since the survey started seven years ago and this year leads with revenue 25% greater than its nearest rival.
The survey reports Savills UK turnover at £288m, against runners up CBRE at £215m and Knight Frank at £173.2m. Profit for Savills was recorded at £24.7m, the highest of all the companies that submitted profit figures.
In the international league tables Savills retained fourth place in Europe and moved to fifth position globally, up from number six in 2009.
Jeremy Helsby CEO of Savills says: “We are extremely proud of this result. Our assets are our people and once again they have put in an outstanding performance in the past year. We are delighted to again retain the number one position in the UK and to improve our global ranking.
“As always, we would like to thank all our clients for their support as we continue to work with them to provide a service that remains best in class.”
Property Week’s 2010 survey provides a guide to the annual performance of the top 57 property firms. It states that the strong performance, in large part, reflects the sharp bounce back in the UK market in the second half of last year, which generated many millions of pounds of investment transaction fees. Property Week says this performance also reflects the huge cost-cutting programmes the chief executives and senior partners initiated in 2008 and 2009.
For further information, please contact:
Jeremy Helsby, CEO Tel: +44 (0) 20 7409 8947
Victoria Cambridge, Savills press office Tel: +44 (0) 20 7409 8940