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Savills bounce back to end the year

Monday, December 21, 2009

Source: Catherine Deshayes

A rise in transactions coupled with cost cuts means that Savills expects to ‘significantly' outperform its previous expectations for this year...

Savills says the market has done better than expected in three sectors - across Asia Pacific, the UK commercial market, and in UK prime residential sales.

Savills said cost savings had been achieved at the higher end of its anticipated range.

However, the firm said it is still cautious about whether the current uplift in the Asia Pacific and UK residential markets can be sustained.

Source: www.estateagenttoday.co.uk