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Savills hopes return to office will provide a boost to business, as shares fall despite profit rise

High-end estate agent Savills saw shares fell sharply on Thursday, despite the group unveiling higher profits and a dividend increase.



Savills' shares fell despite reporting increased revenue (7%) and pre-tax profit (38%) in its latest annual results. The company anticipates that increased office attendance will boost transaction volumes in 2025. Investment management revenue decreased due to valuation adjustments. They noted increased office leasing activity and demand from the AI and cloud computing sectors in North America, while transaction volumes fell in China.

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