15th Jan 2026 10:00
(Alliance News) - Savills PLC on Thursday said it expects performance for 2025 to grow at least in line with expectations, reflecting an improvement in momentum during the fourth quarter.
The London-based real estate company said transactions improved progressively through the final three months of 2025, resulting in a strong finish to the year.
Shares in the FTSE 250-listing rose 6.9% to 1,088.00 pence each in London on Thursday morning.
In Europe, Middle East & Africa, the firm reported a "resilient" performance in the UK and "particularly strong growth" in the Middle East.
Southern Europe, particularly Spain, also continued to perform well through the year.
Savills' EMEA-based Real Estate Investment Banking business, Savills Capital Advisors, also performed strongly during the year, completing a number of significant financing transactions, it said.
North America saw a strong fourth quarter with some very "significant" transactions closing, while Asia Pacific saw progressive improvement in many markets, with Hong Kong, Singapore, Korea and India growing year on year.
But in Mainland China the market declined by more than 20% for the third consecutive year.
As a result, Savills has taken further restructuring initiatives for which it anticipates a restructuring charge of up to GBP30 million for 2025.
Savills said Property & Facilities Management and Consultancy & Investment Management continued to perform well.
Looking ahead, Savills said: "While market uncertainty is expected to remain elevated in 2026, the board believes that strong pipelines and strengthening investor and occupier sentiment will support recovery across our core transactional markets. We expect our Less Transactional business to continue to deliver steady and resilient growth."
By Jeremy Cutler, Alliance News reporter
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