Savills’ first-half pretax profit rose by 27% to £32.4m, boosted by a strong Asian market which recorded a 66% jump in underlying profit.
UK transaction fee income fell by 4% to £55m, reflecting a reduction in the number of home sales.
Savills said it was difficult to predict volumes for the remainder of the year, due to political and economic uncertainty. Additional capital controls by China could also have an impact in international investment.
Click here for the full FT article (£)