Savills
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|
| Public | |
| Traded as | : |
| Industry | Real Estate |
| Founded | 1855 |
| Headquarters |
33 Margaret Street, London, W1G 0JD |
|
Key people
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| Revenue | £1,445.9 million (2016) |
| £135.8 million (2016) | |
| £99.8 million (2016) | |
|
Number of employees
|
33,000 (2016) |
| Website | www.savills.com |
33 Margaret Street,
Savills plc is a global real estate services provider listed on the and is a constituent of the FTSE 250 Index.
The business was established by Alfred Savill (1829 - 1905) in 1855 in London. By the time of Alfred Savill's death in 1905 his sons Alfred, Edwin and Norman were established in partnership. In the 1920s the firm moved to Lincoln's Inn Fields. During the Second World War Norman Savill went to Wimborne in Dorset, taking vital records with him. The remaining partners stayed at Lincoln’s Inn Field. By the 1970s, the firm was re-branded as Savills. The firm was incorporated as a limited company in 1987 and was listed on the in 1988.
In 1997 Savills merged with First Pacific Davies (Chinese: 第一太平戴維斯) in Asia. In 1998 it bought majority stakes in the German, French and Spanish arms of Weatherall, Green & Smith. In June 2015 it completed the acquisition of Smiths Gore, provider of rural and residential property services in the UK. 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.
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. Savills operates from over 700 owned and associate offices, employing more than 30,000 people in over 60 countries throughout the Americas, Europe, Asia Pacific, Africa and the Middle East.
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