Savills has retained its UK number one position in leading trade publication Estates Gazette’s annual Top Agents Survey, published Saturday 26 October 2013.
Savills has retained its UK number one position in leading trade publication Estates Gazette’s annual Top Agents Survey, published Saturday 26 October 2013. The firm’s 13% increase in UK turnover from £352.3 million in 2012 (based on 2011 financial year end) to £399.1 million in 2013 (based on 2012 financial year end) made it a clear leader ahead of Jones Lang LaSalle, CBRE and Knight Frank who were placed second, third and fourth respectively.
Mark Ridley, chief executive of Savills UK, comments: “This is once again a fantastic result, particularly in securing the top position by such a significant margin against our competitors. This further underlines our diversified business model and strategic growth over the last 12 months as well as the continued dedication and commitment from our staff.
“We have seen an increase in positive market sentiment over the last 12 months and continued improvement is definitely the mood now. This is very significant in London and we have also seen recent growth in the regions with UK institutions and overseas investors becoming more dominant, which we expect to continue.”
The EG Top Agents Survey highlighted some positive figures overall for the industry with more than 70% of agents reporting an increase in turnover for 2012. Expectations for 2013/2014 are even more upbeat, with almost 90% forecasting a rise in turnover for the current financial year, compared with 57% in 2012. The collective turnover reported in the survey totalled £2.3 billion, against to £2.28 billion last year.
In addition to ranking number one in the EG Top Agents Survey, Savills retained its first position for the tenth consecutive year in Property Week’s top property services firm survey by turnover in June this year. Savills was also named as The Times Graduate Employer of Choice for Property for the seventh consecutive year in April as well as topping the UK Business Superbrand charts in the real estate sector for the fifth consecutive year in March.