EMEA boosts Colliers’ results
Colliers International’s second-quarter revenue increased by 11% year-on-year to $409m (£261m). EMEA revenue was $105m, up from $71m in Q2 2014. European EBITDA rose by 95% to $17.8m aided by acquisitions in France.
Savills’ revenue leaps 27%
Commercial fees helped Savills increase revenue by 27% in the first half of 2015. Non-transactional services drove group revenue of £547m, with underlying profit up by 28% to £38.4m. UK commercial fees rose by 38%. Savills Investment Management grew by 25% ahead of completion of its purchase of SEB.
Irish investment holds steady
Irish investment volumes reached nearly €1.7bn (£1.2bn) in the first half of the year, according to consultancy Murphy Mulhall. Q1 was particularly strong, with €1bn of deals concluded, followed by €671m in Q2. The total was up from €1.6bn in H1 2014.
CBRE seeks GWS loan
CBRE is seeking $300m (£192m) in senior loan facilities to finance its acquisition of Global Workplace Solutions from Johnson Controls in the US. The company will add the facilities to its existing debt agreements, which total more than $1.7bn globally.
End-to-end Irish loan launch
Situs and Duff & Phelps have joined forces to offer what is believed to be Ireland’s first end-to-end loan service facility. The pair will provide everything from valuation through to loan workout services.
