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News

Savills corporate finance team opens in Frankfurt

"Savills corporate finance – valuation is to launch a new team in Frankfurt from 1st October 2010 through the transfer of existing director Christian Glock MRICS and associate director Dr. Simon Kempf from its Berlin office. "

News

Warsaw sees take up meet supply as market stabilises

"Lease renegotiations are driving Warsaw’s office market accounting for 40% of deals, according to Savills. This demand has significantly contributed to net take up levels, which are now in line with supply and indicate the market is showing signs of stabilising. "

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News

Interim Results August 2010

"RESULTS FOR THE HALF YEAR TO 30 JUNE 2010 Savills plc, today announces its unaudited results for the six months to 30 June 2010. Key Financial Information: ? Group revenue increased 23% (22% in constant currency) to £304.4m (2009: £247.6m)? Group profit before tax recovered to £14.4m (2009: £0.1m)? Underlying Group profit before tax* grew to £17.2m (2009: £2.5m)? Basic earnings per share increased to 7.9p (2009: 0.7p)? Underlying basic earnings per share increased to 9.6p (2009: 1.3p)? Interim dividend of 3.0p per share (2009: 3.0p)? Net cash of £20.1m (2009: net debt £0.4m)* After adjusting for certain share based payments £1.4m (2009: £1.0m) and the amortisation of acquired   intangible assets £1.4m (2009: £1.4m)"

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