Group CEO, Mark Ridley reveals revenue from residential transactions in the UK decreased by 18% totalling £171 million, down from £208.3 million in 2022.
Read MoreRevenue at Savills rises 22% including nearly £500m turnover in UK
The UK residential property market was driven by a surge in demand for larger properties with more outdoor space, as well as increased activity in the prime London market.
Read MoreRevenues double at Savills despite continuing London problems
Estate agency says high street network did well during first half of year but sales and lettings still dogged by AWOL international clients.
Read MoreSavills promises to revisit CEO’s bonus after shareholder revolt at AGM
Nearly a fifth of shareholders at the company's AGM voted not to approve the board's remuneration report.
Read MoreSavills reports ‘astonishing’ post-lockdown estate agency revival
Globally Savills has seen revenues drop by up to 25% at its commercial operation but its UK residential bounced back strongly.
Read MoreCovid: Profits slump by 54% at Savills’ UK residential operation
Figures would be worse but for 'an oustanding' performance at its lettings and build-to-rent division, and a sharp recovery in the country sales market.
Read MoreProfits come to a standstill within Savills’ UK business, its latest results reveal
The £1.76 billion global company says political uncertainty is impacting its business all over the world and has warned of a bumpy ride during 2019.
Read MoreSavills senior team cash in share options worth £4.5m
Read how senior managers and directors have this year cashed in shares worth just under £4.5 million from the company's two annual bonus schemes.
Read More