Savills Share Discussion Threads

[enewman36] 07/7/2016 17:59

Disappointing day today given the rest of the sector have seen 5%+ gains today.

[dt1010] 26/6/2016 15:59

Can see 350p a share here with continued shenanigans from Brexit over the coming 2-3 years.

THE GRAVY DAYS ARE OVER !

[broadwood] 03/6/2016 07:41

International real estate advisory firm Savills announced a fresh investment on Friday, confirming that is proprietary investment subsidiary Grosvenor Hill Ventures has taken a minority stake in YOPA Property, by participating in its £16m equity fundraising.
The FTSE 250 firm said YOPA's fundraising was to fund the rollout of its "online hybrid estate agency" in the high-volume segment of the UK market.

It said YOPA was founded in 2014 and has since developed its technology-led business model, which was launched in hybrid form in January 2016.

The company's operations use digital technology to link the activities of sellers, buyers and YOPA's own franchised local property agents, supported by a dedicated customer service centre.

Savills confirmed YOPA will continue to operate independently, under its existing brand.

"We have followed the rapid advance of the online 'hybrid' estate agency model over the last year," said Savills Group chief executive Jeremy Helsby.

"This investment broadens the Group's access to the UK residential sector by enabling us to take an interest in the high volume segment of the market, comprising over one million transactions annually, to which Savills has had little exposure to date.

"We have been consistently impressed by YOPA, whose technological edge, dedication to transparency and focus on the client at the heart of the sales process all resonate strongly with our core values and the way we do business," Helsby explained

[broadwood] 11/5/2016 15:27

Pretty good despite Brexit and US election.



Savills confirmed UK commercial and residential property activity has slowed in the run up to the UK's European Union referendum, but that its expectations for the year remain unchanged.
The FTSE 250 estate agent said the first four months typically represent a small element of the full outturn for the year.

In UK commercial, Savills said it continued to maintain a significant share of the Prime UK investment and leasing markets, while in residential the boost in activity ahead of the Stamp Duty increase last month has since tailed off.

US activity has also eased off, with political uncertainty blamed ahead of the presidential race.

US property investment market volumes have dipped, but its predominantly occupier-related business has traded marginally ahead of expectations and continued to expand through its recruitment programme.

Asia Pacific has traded in line with expectations, with good Hong Kong and China trading offsetting slower activity in Japan.

Continental Europe was also in line as Ireland, France, Sweden and the Netherlands provide strong growth, although Savills did attribute some current volume pressure from the uncertainty surrounding "Brexit".

Globally, the consultancy and property management businesses generated continued revenue growth, with particular strengths in the UK and Asia. whole

[broadwood] 10/3/2016 08:10

Should settle some nerves.

China some downside offset by Europe.

[broadwood] 10/3/2016 07:20

Commenting on the results, Jeremy Helsby, Group Chief Executive, said:

"Overall in 2015, Savills delivered a record performance across the Group. Our US expansion programme continued well and our Asia Pacific business showed resilience in the face of changeable markets. In the UK the strength of our position in the commercial market offset market weakness in the residential sector. The Continental European business continued to build profitability and Savills Investment Management substantially enhanced its position with the acquisition of SEB Asset Management AG.

We have made a good start to 2016 with a solid pipeline of business carried over from last year in many markets, although the impact of global macro-economic and political concerns on real estate markets worldwide is uncertain.

At this stage, we retain a cautious view on some Asian markets, particularly the Tier 2 Chinese cities, and we expect the UK residential and commercial investment markets to be subdued, for the former, as Stamp Duty reforms take effect and, more generally, in the run up to the EU referendum in June.

However, the strength of our enlarged US operation, the increased size of our Investment Management, Property Management and Consultancy businesses and the breadth of our UK business together with further improvement in Continental Europe, all bode well for the future of your Company. Accordingly, the Board's expectations for the year as a whole remain unchanged."

[bouleversee] 11/1/2016 14:13

I wish they'd say what the original expectations were so I didn't have to look it up!

[broadwood] 11/1/2016 10:06

Very satisfying statement today.

Will certainly reassure from here after a period of uncertainty.




Accordingly, the Group now anticipates that underlying results for the year to 31 December 2015 will be ahead of our previous expectations.

In the light of heightened uncertainty over global economic prospects and rising interest rates, we expect a tempering of the strong transaction volumes of recent times in certain markets, notwithstanding that market fundamentals remain sound. Accordingly we retain our original expectations for 2016

[bouleversee] 14/12/2015 21:43

How much of Savill's profits derives from Central London? And how is the rest doing?

[mike24] 14/12/2015 16:13

tis why the Brummies built the M1
so yo could escape
edit
it is the interests of the majority that London prices fall back,
overseas look at J'berg some expensive property there
prop market seems to have died a death in just five days,
if y sell & convert high priced property in Tenerife from euro's to pounds
your stuffed at 140x rate, like shares, prices rise slowly
but the top end can fall quickly,
incredible economic recovery in Ireland, but property cycle
still taking a long time to recover,
a chronic shortage of labor is going to be biggest problem
restricting completions
nai

[cockneyrebel] 06/10/2015 08:25

Chart looking rather positive in the past week.

CR

[cockneyrebel] 05/10/2015 13:54

free stock charts from uk.advfn.com

[cockneyrebel] 05/10/2015 08:20

Through the Aug high this am

CR

[cockneyrebel] 02/10/2015 08:34

Breaking out through recent resistance imo

CR

[cockneyrebel] 30/9/2015 19:06

Come on MW - you know his IQ is one behind that of an amoeba (that's a life form with one cell to save you looking it up Mike!)

CR

[cockneyrebel] 30/9/2015 16:32

Why don't you get yourself a nice big picture of me on your bedroom wall? You follow me around so much you must be infatuated you nutta.

Unrequited love imo - your filtered and will never be unfiltered but just to give you a treat here's a couple of big wet kisses for you XX



Send me a tenner and I’ll send you a signed photo

XXXXX

[mike740] 30/9/2015 11:19

Yep think the property market in general is past its peak.