Savills

"Savill" redirects here. For other uses, see Savile.
Savills plc
Public
Traded as LSE: SVS
Industry Real Estate
Founded 1855
Headquarters

33 Margaret Street,

London, W1G 0JD
Key people

Peter Smith, Chairman[1]
Jeremy Helsby, CEO[1]

Simon Shaw, CFO[1]
Revenue £1,078.2 million (2014)[2]
£78.5 million (2014)[2]
£62.7 million (2014)[2]
Number of employees
 27,000 (2014)[3]
Website www.savills.com

Savills plc is a global real estate services provider listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The business was established by Alfred Savill in 1855 in London.[4] It was incorporated as a limited company in 1987 and was listed on the London Stock Exchange in 1988.[4] In 1997 it merged with First Pacific Davies (Chinese: 第一太平戴維斯) in Asia.[5] In 1998 it bought majority stakes in the German, French and Spanish arms of Weatherall, Green & Smith.[4] In 2015 it bought out its rival firm, the UK-based partnership Smiths Gore, established in 1847, for £40m.[6]

Operations

The company provides consulting services and advice (such as valuation, building consultancy, environmental consultancy, landlord and tenant, planning, strategic projects and research) in connection with commercial, residential and agricultural properties, property related financial services and investment management, which includes investment management for institutional or professional investors. It has over 600 offices and associates throughout the Americas, Europe, Asia Pacific, Africa and the Middle East, employing over 27,000 staff.[3]

Philippines

In early 2013, Savills announced its new Philippine association with KMC MAG Group, the largest Philippine based real estate services firm. [7]

Indonesia

In May 2014, Savills announced it has established a presence in Jakarta, Indonesia, working in partnership with local experts, Property Connection Indonesia. [8]

United States

In June 2014, Savills announced it had acquired 100% of Studley, Inc. a leading US independent commercial real estate services firm specialising in tenant representation with twenty five offices across the United States. Within the US, newly business is branded as Savills Studley. [9]

Malaysia

In February 2015, Savills announced it had acquired a substantial shareholding in a Malaysian real estate business, previously trading as CBRE in Malaysia. The business has close to 300 staff, and offices in Kuala Lumpur, Penang and Johor.

Services

See also

References

  1. ↑ 1.0 1.1 1.2 Board of Directors Savills
  2. ↑ 2.0 2.1 2.2 "Preliminary Results 2014". Savills. Retrieved 3 April 2015.
  3. ↑ 3.0 3.1 "Savills trusted advisors to real estate clients around the globe - Key Facts". savills.com. Retrieved 3 April 2015.
  4. ↑ 4.0 4.1 4.2 "Savills Germany - History". savills.de. Retrieved 3 April 2015.
  5. ↑ "First Pacific Davies forms alliance with top British property agent". South China Morning Post. 9 September 1997. Retrieved 3 April 2015.
  6. ↑ Savills acquire Smith Gore
  7. ↑ "Savills confirms KMC MAG Group Inc. as an International Associate of Savills". kmcmaggroup.com. Retrieved 3 April 2015.
  8. ↑ "Savills opens new office in Indonesia". Property Wire. Retrieved 3 April 2015.
  9. ↑ "Studley Purchase: Big Deal for Unusual Player". Wall Street Journal. 4 May 2014. Retrieved 3 April 2015.

External links