Savills Investment Outperforms the Market with Commission Income in the First Half of 2008 Up 80 per cent; Group CEO and Regional Heads Celebrate
Savills Investment continues to lead the industry in 2008. In the first half of this year, commission income was 80 per...
07 July 2008
Prices Drop As Specualtors Retreat, Rents Remain Strong Despite Possible Slowdown In Growth
With the effects of the sub-prime crisis still to surface, the outlook for the office market remains cautious. The investment...
24 June 2008
Savills Valuation and Professional Services awarded “The Best Real Estate Valuer in China” in Boao Real Estate Forum 2008
Savills Valuation and Professional Services Limited proudly announces that it was awarded “The Best Real Estate Valuer in China” in the...
17 June 2008
Savills Appointed As Sole Agent For The Sale Of Chuang's Tower By Public Tender, With An Intended Price Of HK$1 Billion
Savills Hong Kong announces today that it has been appointed by Chuang's China Investments Limited as the sole agent for the...
11 June 2008
Savills expands Mainland China presence with new offices in Chongqing and Shenyang
Leading integrated property services provider Savills announced today the opening of two new offices in Chongqing and Shenyang. This brings the...
29 May 2008
Savills Hong Kong Donates HK$600,000 To Sowers Action For School Project In Yunnan
The Sichuan earthquake has highlighted the generosity of many kind-hearted individuals and organizations as numerous donations make their way to the...
15 May 2008
Savills Hong Kong Donates HK$1.5 Million For Sichuan Earthquake Relief to World Vision
The powerful 7.8 magnitude earthquake in Sichuan province left tens of thousands of people dead and injured. While rescuers are...
11 April 2008
Trade Square in Cheung Sha Wan Sold At HK$1.518 Billion
Savills Hong Kong proudly announces today the conclusion of the first transaction worth over HK$1 billion in 2008, also the biggest...
23 October 2007
Savills Appointed As Sole Marketing Consultant and Principal Sales Agent of Windor Arch, Macau Expects Brisk Sales and Heavy Demand
Savills proudly announced that it has been appointed as the sole marketing consultant and principal sales agent of Windsor Arch, Macau...
01 August 2007
Savills Acquires US Firm Granite Partners LLC Forms Foundation For Savills’ Expansion Into The US Market
Savills plc ("Savills"), the international property services company, is pleased to announce today that it has acquired Granite Partners LLC ("Granite"),...
11 July 2007
Core Central Office Space For Sale
Savills is pleased to announce that we have been instructed by the vendor to offer the 22/F, No. 9 Queen’s Road...
11 July 2007
Office Market Robust As Central Prices & Rents Surge
With new supply from ICC, One Kowloon and ES V leasing at faster rates than expected, rents in other sub-districts are...
10 July 2007
Record Deals Seen in Townhouse Market
The townhouse sales market showed rapid price escalation over the second quarter as primary townhouse launches continued to break records. ...
31 May 2007
Savills Invests Into Vietnam
Vietnam: Leading international property services provider Savills, today announced an investment into Vietnam's leading real estate provider, Chesterton Petty Vietnam, which...
22 May 2007
Asset Management for Golden Plaza
Savills Property Management Limited is delighted to be appointed as the Asset Manager for Golden Plaza, a shopping centre with a...
30 April 2007
Prime Redevelopment Land for Sale by Public Tender
MACAU: Savills is pleased to announce its appointment as the sole agent to sell a site situated at Av. Praia Grande...
02 April 2007
Savills appointed Manager for Grosvenor Place
Savills are pleased to announce its appointment as the Building Manager for Grosvenor Place. Located in Repulse Bay, the luxury high-rise...
09 February 2007
En Bloc Commercial Building in Central for Sale
We have great pleasure to announce that we have been appointed as the sole agent to dispose The Centre Mark property...
30 January 2007
Global Tender – Estoril Court Simplex
Hong Kong: The luxury sales market is continually on the upward trend. This encourages vendors in selling and restructuring their property...
27 October 2006
Significant win for Savills as Property & Leasing Manager for Macquarie GPA
Savills, the leading integrated real estate company in Hong Kong, is proud to announce the significant new appointment as Property and...
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16 July 2008
Savills Investment Outperforms the Market with Commission Income in the First Half of 2008 Up 80 per cent; Group CEO and Regional Heads Celebrate
Savills Investment continues to lead the industry in 2008. In the first half of this year, commission income was 80 per cent more than during the same period last year, outperforming the market.
Raymond Lee, Managing Director of Savills Hong Kong, says the commission income generated by the Investment Department in the first six months of this year reached HK$120 million, up 80 per cent on the same period last year. For the entire Hong Kong office agency business, the commission income for the first half of this year rose by 40 per cent to HK$282 million. He praised the Hong Kong office staff for achieving excellent results during a period of uncertainty for the global economy. The significant achievement demonstrated the real strength of the teams as the Hong Kong office became the biggest profit contributor to the Group in the region. Around 60 people including central management, frontline sales and Investment Department support staff were invited to a celebration dinner with the Group CEO. Regional heads joined in congratulating the team on their remarkable results. Jeremy Helsby, Group Chief Executive of Savills plc, Robert McKellar, CEO of Savills Asia Pacific, Randal Hall, CEO of Savills Greater China, Christian Mancini, Managing Director of Savills Japan, and Paul McLean, Executive Chairman and Managing Director of Savills Australia, all flew in for the milestone event. In a pre-dinner speech, Raymond thanked all members of the Investment Department for their hard work. To reward them and share the success, Raymond also announced a trip for over 300 staff to the Venetian® Macao-Resort-Hotel later this year, so that everyone can again enjoy a two-day trip to the largest gambling resort hotel in Asia. Raymond also highlighted the outstanding leadership of Peter Yuen, Senior Director and Head of Investment and Sales (Hong Kong & Macau). Peter said he is happy with the good results but it is still too early to be entirely satisfied. He hopes to achieve even better results by providing tailor-made value-added services and creating long-lasting, prosperous relationships with clients.
CONTACT INFORMATION Raymond Lee +852 2842 4518 rlee@savills.com.hk Peter Yuen +852 2842 4436 pyuen@savills.com.hk Amy Ng +852 2840 4822 atyng@savills.com.hk |
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