PropertyEU

Savills cautious on 2010 after loss-making year in Europe

By A staff reporter 2010-03-19T00:00:00

London-based real estate adviser Savills said losses at its Continental European operations widened to £9.6 mln (EUR 10.6 mln) in 2009 from £7.8 mln in 2008 as the European business was hit by the decline in investment transaction advisory work and restructuring measures. The loss came after a 17% decline ...

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