Appetite to invest in Cambridge continues, says Savills chief
Its Cambridge operations contributed to record results for global real estate adviser Savills plc.
Group revenue was up 13 per cent to £1.446 billion and pre tax profit one per cent ahead to £99.8 million. Total dividends for the year are up 12 per cent to 29p per share.
Rob Sadler (pictured), head of office at Savills Cambridge, said: “We are proud that we have achieved more residential sales in Cambridge in 2016 than 2015, which is a reflection of a resilient market.
“The commercial markets have performed well and occupational levels have once again exceeded expectations and the appetite for investment opportunities continues to strengthen.”