Savills has announced it expects its 2015 results to be better than previously guided, after “a strong finish to the year” with the completion of some major transactions.
In December, the international real estate adviser completed the disposal of Berlin’s Potsdamer Platz on behalf of SEB ImmoInvest Fund.
However, it said that “uncertainty over global economic prospects” and rising interest rates were likely to cause a “tempering” of the strong transactions volumes.
It added that “market fundamentals remain sound”, so it will not be changing its original expectations for 2016.
Savills will report its 2015 full-year results on 10 March 2016.
