Savills

33 Margaret Street, London, W1G 0JD

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About Savills

Summary

Savills plc is a prominent British real estate services company, established in 1855 by Alfred Savill in London. The company is listed on the London Stock Exchange and is part of the FTSE 250 Index. It began as a small family business, which evolved into a global leader in real estate services. Over the years, Savills expanded its operations internationally, starting with the merger with First Pacific Davies in 1997 to strengthen its presence in Asia.

In the 1990s and early 2000s, Savills made strategic acquisitions, including the majority stakes in the German, French, and Spanish arms of Weatherall, Green & Smith, as well as entering into the FTSE 250. The company continued expanding its global footprint, with acquisitions such as the purchase of Studley Inc. in the US and the establishment of offices in India in 2019. Savills’ portfolio of services covers a wide range of sectors, including residential, commercial, and rural properties, offering expertise in areas like property management, investment advisory, and project management.

In recent years, Savills has focused on expanding its operations further in key markets, acquiring businesses like Aguirre Newman in Spain and launching offices in Indonesia. The company also formed a strategic partnership with Samsung Life in 2020. With over 300 offices and a workforce of more than 700 employees globally, Savills continues to deliver high-quality services across the Americas, Europe, Asia Pacific, and the Middle East.

History

Savills plc was founded in 1855 by Alfred Savill in London, establishing the company as a small family business under the name “Savill and Son.” Alfred Savill set up his practice at 27 Rood Lane, EC3. By the 1870s, the business moved to 3 St Helen’s Place, where it was retained as a professional adviser to various Essex lordships.

At the time of Alfred Savill’s death in 1905, his sons, Alfred, Edwin, and Norman, had joined the firm, and they continued the business. By this point, the practice was primarily focused on agricultural services, with the firm remaining located in the City. During the First World War, Edwin Savill was appointed by the War Office to assess compensation for landowners, while the firm continued its work.

In the 1920s, Savills moved to 51a Lincoln’s Inn Fields, strategically positioning itself near the City of London. The firm’s operations continued to grow, and by the 1950s, Savills expanded its services through a merger with Rees-Reynold and Hunt, marking the beginning of its shift toward commercial property investment.

In the 1960s, Savills moved to 63 Lincoln’s Inn Fields, with new young partners joining the firm, and it was rebranded as Savills in the 1970s. In 1987, Savills was incorporated as a limited company, and in 1988, it was listed on the London Stock Exchange, becoming Savills plc.

The 1990s saw Savills further solidify its international presence, notably merging with First Pacific Davies in Asia in 1997. This period also saw the company acquiring majority stakes in the Spanish, German, and French arms of Weatherall, Green & Smith. In the 2000s, Savills moved into the FTSE 250 and expanded into new markets, acquiring companies like Hepher Dixon in Ireland and BHP Korea.

In the 2010s, Savills continued expanding, acquiring businesses such as GBR Phoenix Beard in 2016 and establishing a stronger presence in the US with the acquisition of Studley Inc. in 2014. By 2019, Savills had entered the Indian market, establishing offices in key cities such as Bangalore, Mumbai, Delhi NCR, and Chennai.

Savills continued its global expansion into 2020 and 2021, acquiring two North American businesses, Macro and T3 Advisors, and forming a strategic investment alliance with Samsung Life, a leading life insurer in Korea.

Portfolio

Savills plc offers a wide range of property services across the globe, with a strong presence in residential, commercial, rural, and mixed-use sectors. The company’s residential services include sales, lettings, and portfolio management. Savills assists clients in buying, selling, and renting properties, including luxury homes and international estates. The company also manages residential and mixed-use portfolios, particularly in central London, with a focus on maximising investment returns. Furthermore, Savills provides accurate property valuations and strategic advisory services for both individuals and institutions.

In the commercial sector, Savills offers investment advisory services, helping clients buy, sell, and manage commercial and mixed-use investment portfolios. The firm also delivers asset management services, providing consultancy to improve the performance of property portfolios. Additionally, Savills specialises in development and planning, offering advice on property development and land optimisation to enhance value.

Savills has a long history of providing rural and agricultural services. The company offers land and estate management, advising on the use, conservation, and development of rural estates and agricultural land. Savills also provides expertise in farming operations and forestry management, helping clients manage their rural properties efficiently.

With over 300 offices around the world, Savills has a truly global reach, serving clients across Europe, Asia Pacific, the Americas, and the Middle East. The company’s portfolio caters to a diverse range of clients, providing tailored services in both the residential and commercial property sectors.

Leadership Team

Mark Ridley | Group Chief Executive Officer
Simon Shaw | Chief Financial Officer
David Lipson | Chief Executive Officer, North America
Chris Lee | Group Legal Director & Company Secretary
Raymond Lee | Chief Executive Officer, Greater China
Martin Fidden | Chief Executive Officer, Asia Pacific
James Sparrow | Chief Executive Officer, Savills UK & EMEA
Alex Jeffrey | Chief Executive Officer, Savills Investment Management

References

Savills | Home | Savills
Savills India: Commercial Real Estate | International Property | Savills
Savills | Wikipedia
Savills Share Price Today | LON: SVS Stock | Investing.com India
Savills India – Overview, News & Similar companies | ZoomInfo
Savills plc (SVS.L) Stock Price, News, Quote & History | Yahoo Finance
Savills Company Profile: Service Breakdown & Team | PitchBook

33 Margaret Street, London, W1G 0JD

Website https://www.savills.com/

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