13 Facts About Savills

Savills plc is a British real estate services company based in London.

In June 2016, Savills plc announced its proprietary investment subsidiary, Grosvenor Hill Ventures, had acquired a minority stake in YOPA Property Ltd, a UK-based online hybrid estate agent.

Savills announced in August 2016 that it had acquired GBR Phoenix Beard, a Midlands-based commercial property consultancy, strengthening its UK real estate services.

In May 2013 Savills set the record for the highest price for a development site in Brisbane with the sale of the Supreme Court site at 300 George Street for $63M to the Taiwanese developer Shayher Group, to become a mixed-use precinct including a five-star hotel.

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

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In 2015 Savills established an Office Services and Occupier Representation capability, expanding its Jakarta based business, when staff joined Savills Indonesia from property consultancy JLL.

The Savills deal brought more than 400 brokers and 175 support workers from Studley to the new firm.

In February 2015, Savills announced it had acquired a substantial shareholding in a Malaysian real estate business, previously trading as CBRE in Malaysia.

In June 2018, Savills announced it had acquired Cluttons Middle East business.

The acquisition, which was completed on 31 May 2018, saw Savills take full ownership of Cluttons Middle East, which had been established in the region for more than 40 years.

Savills Vietnam is the largest real estate practice in Vietnam, with offices in Hanoi, Danang and Ho Chi Minh City.

Savills Monaco was created in 2011 and works to promote residential properties in Monaco.

Savills Monaco research is a source for English language news publications who published the data showing Monaco outranking Hong Kong, New York, London and Paris for the average price per square metre.