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Savills reports a 59% profit jump in 2024, yet shares drop due to market recovery concerns.
Savills, a major real estate firm, saw its profits jump 59% in 2024, with revenues rising 7% to £2.4 billion.
Despite the growth, especially in commercial leasing and Asia Pacific investments, the company's shares fell due to concerns over the slow recovery of the global real estate market and uncertainty about reaching pre-pandemic transaction levels.
Savills also noted a 2% increase in London office take-up and growth in tech sectors like AI and cloud computing in North America.
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Savills reporta un aumento de beneficios del 59% en 2024, sin embargo, las acciones caen debido a preocupaciones de recuperación del mercado.