Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Savills plc    SVS   GB00B135BJ46

News SummaryMost relevantAll newsSector news 

Savills plc : Savills Expands in Asia with New Philippines Associate

share with twitter share with LinkedIn share with facebook
share via e-mail
02/28/2013 | 07:01pm CET

International real estate advisor Savills has expanded its global network by forming a new association in the Philippines with KMC MAG Group.

The alliance increases Savills presence in Southeast Asia and gives the firm a foothold in the Philippines real estate market. The association with KMC MAG Group will both complement and diversify Savills existing strong activity in South East Asia and, in particular, allow the company to provide advice to businesses looking to participate in the Philippines real estate resurgence and those corporates seeking to establish a back office function.

Located in Bonifacio Global City, Manila's prime business district, KMC MAG Group is the fastest growing commercial and residential real estate service provider in the Philippines with over 100 employees involved directly in transactions for office, retail, industrial and residential properties. With a full suite of real estate services KMC MAG has successfully transacted over 1 million sq ft of commercial space for the likes of ANZ, Baker McKenzie, QBE, Samsung and WWF, and in recognition of the high standard of service has been awarded the status of Highly Commended Real Estate Agency in the Philippines by the International Property Awards.

Chris Marriott, CEO of Savills South East Asia, comments: "We are very pleased to have formed this alliance with KMC MAG Group, which is part of our wider strategy to grow our South East Asia business. We have been looking for a partner in the Philippines to complement and extend our already very strong platform in the Asia Pacific Region and in KMC MAG Group we have found a similarly dynamic team that has been highly successful in their local market.

Robert McKellar, CEO of Savills Asia Pacific, adds: "Southeast Asia has shown signs of a broad recovery and is clearly one of the bright spots in the global economy. This continued expansion of our services within this region is therefore incredibly important for Savills. I therefore welcome the addition of the KMC MAG team and believe that our combined experience and expertise puts us in a leading position to offer the best service to international clients in the Philippines.

Michael McCullough, Managing Director at KMC MAG Group, says: "We are very excited to be working with Savills, which has an established and strong presence throughout Asia Pacific as well as a substantial global platform and international client base. Together we will be able to provide best in class advice and offer our services to clients throughout the Philippines.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SAVILLS PLC
12/03 HOME TRUTHS : house price rises to slow to trickle as Brexit and stamp duty hit
12/01 SAVILLS : New Land Value Record for Heidelberg
12/01 SAVILLS : Australian Unity Pays $13m for Mainfreight Asset
12/01 SAVILLS : Key Industrial Park Attracts Owner Occupier
12/01 SAVILLS : CMS Nabarro Olswang announce disposals of 90 High Holborn and 125 Lond..
12/01 SAVILLS : ASAP/Savills Sentiment Tracker Survey confirms serviced apartment oper..
12/01 SAVILLS : Windfarms running at a third of maximum capacity, research shows
12/01 SAVILLS : Foot Locker Confirms New Bourke St Tenancy
12/01 SAVILLS : Benelec Pays $2.7m for Dandenong Industrial
12/01 SAVILLS : Church in 6,000sq m Dolls Point Purchase
More news
Sector news : Real Estate Services - NEC
11/03 British Land to sell stake in London's 'Cheesegrater' - source
11/02DJU.S. HOT STOCKS : Hot Stocks to Watch
10/20 London builders turn to funds as property prices drop
09/02 Segro bucks Brexit property blues with warehouse fund-raising
08/30DJCORELOGIC : U.S. Home Prices Continued Strong Gains in June
More sector news : Real Estate Services - NEC
Financials ( GBP)
Sales 2016 1 359 M
EBIT 2016 111 M
Net income 2016 82,7 M
Finance 2016 126 M
Yield 2016 4,04%
P/E ratio 2016 12,31
P/E ratio 2017 11,65
EV / Sales 2016 0,60x
EV / Sales 2017 0,57x
Capitalization 940 M
More Financials
Duration : Period :
Savills plc Technical Analysis Chart | SVS | GB00B135BJ46 | 4-Traders
Full-screen chart
Technical analysis trends SAVILLS PLC
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus BUY
Number of Analysts 6
Average target price 8,50  GBP
Spread / Average Target 26%
Consensus details
EPS Revisions
More Estimates Revisions
Jeremy Charles Helsby Group Chief Executive Officer & Executive Director
Nicholas Ferguson Chairman
Simon J. B. Shaw Group Chief Financial Officer & Executive Director
Martin David Angle Senior Independent Non-Executive Director
Charles McVeigh Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SAVILLS PLC-24.55%1 196
CBRE GROUP INC-12.90%10 159
More Results