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Pin to quick picksSavills Share News (SVS)

Share Price Information for Savills (SVS)

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Share Price: 1,154.00
Bid: 1,152.00
Ask: 1,156.00
Change: 10.00 (0.87%)
Spread: 4.00 (0.347%)
Open: 1,118.00
High: 1,158.00
Low: 1,118.00
Prev. Close: 1,144.00
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IN BRIEF: Minoan Group upgrades forecast for Cavo Sidero project

Fri, 05th Jan 2024 10:33

Minoan Group PLC - developer of hotel resort projects in Crete - Expects annual revenue from its planned Cavo Sidero resort to be "considerably in excess of EUR100 million". This is based on an updated business plan for the project, prepared with the help of property agent Savills PLC, that takes into account recent increases in room rates at high-end tourist resorts. Cavo Sidero sits on a peninsula facing the Mediterranean, and Minoan is permitted to build 108,000 square metres of space in five locations for hotels and resorts. Minoan says it continues to talk to the Public Welfare Ecclesiastical Foundation Panagia Akrotiriani about being granted an 'epifania', equivalent to a 99-year ground lease, for the project. In the meantime, Minoan is moving ahead on the basis of its existing contract. It is preparing an environmental study, which is required before building.

Current stock price: 0.67 pence, down 4.3% in London on Friday morning

12-month change: down 34%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 Mar 2018 09:43

Savills Boosts Payout On Strong 2017 Profit Growth, Solid 2018 Start

LONDON (Alliance News) - Property services firm Savills PLC boosted its dividend Thursday after reporting strong profit and revenue growth in 2017 and a "solid" to a

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15 Mar 2018 07:54

UPDATE 1-UK Stocks-Factors to watch on March 15

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15 Mar 2018 07:12

Savills says profits rise, sees more market uncertainty in 2018 ?

GENEVA, March 15 (Reuters) - Estate agents Savills posted a marginally better than expected 3.5 percent rise in underlying profit to 140.5 million pounds ($196 for 2017

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15 Mar 2018 05:25

UK Stocks-Factors to watch on March 15

March 15 (Reuters) - Britain's FTSE 100 index is seen opening 2 points higher at 7,135 on Thursday, according to financial bookmakers. * SHELL: Royal Dutch Shell is close to

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8 Mar 2018 15:39

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12 Jan 2017 10:33

EXTRA: Savills Shares Rise On Anticipated 2016 Results Beat

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12 Jan 2017 07:56

Savills sees FY 'meaningfully ahead' of previous expectations

(ShareCast News) - FTSE 250 estate agent Savills said on Thursday that results for the year to the end of December are likely to be "meaningfully ahead" of its previous expectations following a strong finish to the year. The group saw the completion of significant volumes of commercial and residenti

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6 Dec 2016 10:56

UPDATE 1-Brexit could delay half of central London commercial property developments- Savills

(Adds central London house price figures) By Costas Pitas LONDON, Dec 6 (Reuters) - Up to half of planned commercial developments in central London could be delayed over the next few years due to concerns about Brexit, and overall investor returns will be flat in 2016, estate agents S

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6 Dec 2016 10:00

Brexit could delay half of central London commercial property developments- Savills

LONDON, Dec 6 (Reuters) - Up to half of planned commercial developments in central London could be delayed over the next few years due to concerns about Brexit, and overall investor returns will be flat in 2016, estate agents Savills said on Tuesday. Commercial property was one of the first

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23 Nov 2016 14:54

2nd UPDATE: Government Letting Fee Ban Will Drive Up Rents - Savills

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23 Nov 2016 11:48

UPDATE 2-Britain's real estate agents hit by ban on tenant fees

* Fees paid for checking references, contract-signing * 4.3 million households to benefit -government * Move comes after more tax, regulation on small landlords * Landlords say costs could be passed on in higher rents (Recasts, adds details, quotes) By Kate Holton and Co

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16 Nov 2016 11:02

UPDATE 2-Barratt cuts the price of some of its most expensive London homes

* Brexit, property tax take some heat out of London market * Commercial property companies also facing pressure * House prices a divisive issue for Britons (Adds details, background, British Land) By Costas Pitas LONDON, Nov 16 (Reuters) - Britain's biggest housebuilder

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10 Nov 2016 08:13

UPDATE 1-Irish commercial property surge will make room for Brexit - report

* Over 12 million square feet of offices planned for Dublin * Dublin competing with other EU cities for Brexit moves * Hibernia REIT seeing significant uptick in inquiries (Adds quotes from Hibernia REIT CEO) By Padraic Halpin DUBLIN, Nov 10 (Reuters) - New office space

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10 Nov 2016 00:01

Irish commercial property surge will make room for Brexit- report

DUBLIN, Nov 10 (Reuters) - New office space planned for Dublin over the next five years can comfortably accommodate more than 100,000 extra workers and any companies relocating as a result of Brexit, a survey from real estate group Savills published on Thursday, said. Ireland has called it

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4 Nov 2016 06:59

UK Rents Tipped To Rise Faster Than House Prices - Savills

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