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Home » News » Agencies & People » UK takes lustre off gleaming Savills half year results previous nextAgencies & PeopleUK takes lustre off gleaming Savills half year resultsPre-tax profits for Group business rise by 27% but UK one of few struggling parts of the Savills empire.Nigel Lewis11th August 201701,043 Views Savills half year results have revealed global turnover up by 15% to £714m and underlying profits were up 27% to to £32.4m.But an otherwise glowing half year report by the company was offset by poor results from its UK operation, where underlying profits dropped by 27% to £5.4 million.Its UK fee income dipped by 4% to £55 million down from £57.2 million and like many of its competitors Savills blames the surge of purchases before the additional Stamp Duty was introduced during 2016 for the lower volumes within the prime residential market compared to last year.Other factors Savills blames include the political and economic uncertainty created by the General Election and Brexit which, it says “make it difficult to predict market volumes for the rest of the year”.Savills said a weak April was offset by a stronger May and June compared to last year, although this is because those months last year were “muted” by the run up to the EU Referendum vote.Worst performingWithin the UK prime property market the worst performing sector was new homes in which new development stock dropped by 6% and prices dipped by 4% to an average of £750,000.This compares with the prime city resales market where transaction volumes dropped by 3% and country houses, which were 6% down.Savills says the average sale price of Lonon houses it sold over the past half year was £2.7 million, up from £2.5 million last year and the average price for rural piles increased by £100,000 to £1.1 million.But the UK performance was a distraction among other wise good results – Savills earns two thirds of its profits overseas and its successful Asian/Hong Kong business continues to deliver for the Group despite a lacklustre UK performance.“Continued growth in our less transactional businesses, significant overseas earnings and strong market shares in many of our most important transactional locations position the Group to withstand short term reductions in local activity and to capitalise on the opportunities which we expect to emerge,” says Savills’ Group Chief Executive Jeremy Helsby (pictured, left).“In an environment of ongoing political and economic uncertainty, we continue to anticipate that our performance for the full year will be in line with the Board’s expectations.” Jeremy helsby Savills August 11, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021
Boombox | Brooklyn Bowl | New York, NY | 11/24/2017 | Photo: Chris Capaci The electronic-infused, improvisation-heavy psychedelic rock duo, Boombox, hit New York City’s Brooklyn Bowl on Friday night, making for a stellar night of music to cut through the Thanksgiving haze of the night prior. The group’s down-tempo and slinky tunes had the entire crowd grooving, highlighting the project’s emphasis on danceability and penchant for reading a crowd. You can check out photos from Boombox’s Brooklyn Bowl show on November 24th, 2017 below, courtesy of Chris Capaci. Photo: Capacity Images Load remaining images
The High RollerRight next to Caesar’s Palace (the conference’s official lodging partner) is The Linq, a hotel and shopping promenade full of things to see and do. Its major attraction is The High Roller, the world’s tallest observation wheel. At 520 feet in diameter, one revolution on this behemoth takes 30 minutes to complete. At the 2017 America’s Credit Union Conference, discovery is what it’s all about. In a schedule packed with opportunities to gain valuable knowledge, attendees get to discover the ideas, strategies, trends and technologies that are shaping the credit union industry.When the conference adjourns for the day, attendees will discover the sights and sounds of our host city, Las Vegas. The Entertainment Capital of the World has no shortage of thrills, attractions, and time killers. (Here are some things to get most excited about): Hoover DamBuilt from 1931 to 1936, the Hoover Dam continues to provide power to Las Vegas to this day. Consider taking a break from the glitz and glamor and head to Lake Mead to see this astonishing testament to American ingenuity, ambition, and dedication. Cirque du SoleilRadically transform the way you think about the circus with their thrilling acrobatic show. The Canadian entertainment juggernaut has a handful of resident shows in Las Vegas, including The Beatles LOVE, Zumanity and Michael Jackson ONE. Shows GaloreOf course, Cirque du Soliel isn’t the only game in town. Many of the world’s top entertainers call Las Vegas home, including prop comic Carrot Top, magician David Copperfield and the one-of-a-kind Blue Man Group. On Sunday, June 25, America’s Credit Union Conference attendees will be heading to a performance from country legends, Reba, Brooks & Dunn. Fremont Street ExperienceWhile this mall features plenty of noteworthy diversions, the main attraction is the pedestrian promenade’s 90-ft. Viva Vision canopy screen, which uses more than 12.5 million LED lights to create remarkable light shows all night long. 122SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NatureLas Vegas’ abundant natural beauty is one of its most underappreciated virtues. Red Rock Canyon’s vermillion ridges make for great sightseeing on bike rides or hikes, while the nearly 12,000-ft.-high Mount Charleston rewards hikers willing to get a little chilly with enchanting forests and fascinating Nevada wildlife. Gordon RamsayWolfgang PuckMario BataliGiada de LaurentiisSeveral culinary professionals have their own Vegas restaurant with its own unique flavor and atmosphere. Bring your appetite; world-famous cuisine is on the menu. Celebrity Restaurants Shopping on the StripPlenty of great shopping is available throughout Sin City, the famed Las Vegas Strip features the greatest density of commerce, with hundreds of outlets offering clothes, jewelry, art, souvenirs, memorabilia and more. Helicopter ToursFrom the ground, Las Vegas can feel like sensory overload. Riding a helicopter thousands of feet in the air, however, you can fully appreciate the city’s luminous beauty, splendor and constant action. It’s a great way to cap off your Vegas stay and reflect on all that you’ve discovered in Sin City.America’s Credit Union Conference will be held June 25-28, 2017, in Las Vegas. To learn more and register, please visit acuc.cuna.org. The Fountains of BellagioOne of Las Vegas’ most iconic attraction is free to experience. Dozens of times per day, the Bellagio Hotel puts on dazzling, unforgettable water shows choreographed to classic pop songs, Broadway tunes and jazz standards. Visit more than once—no two performances are the same!
In addition to all these shots from Makarska, let alone the entire beautiful Makarska Riviera, the first person in tourism in Makarska promotes Mozambique through “fakenews”. Such a move is simply inadmissible and goes into the ‘believe it or not’ category. Hloverka Novak Srzić, meanwhile, deleted the post after a large number of criticisms in the comments. Such gaffes are simply inadmissible, especially from the first person of Makarska tourism. Namely, the director of the Makarska Tourist Board, Hloverka Novak Srzić, posted a beautiful picture on her Facebook profile, alluding to the beautiful beach on the Makarska Riviera. Source: Facebook In addition to so many beautiful beaches, posting a picture from another destination under your own is more than tragic. First, because it is a false representation, ie a picture that does not represent what is being described, and the biggest absurdity is when the same thing comes from the director of the tourist board. The person in charge of developing, branding and promoting Makarska as a tourist destination. Photo: Hotels.com By the way, this is a private island Azura Quilalea in Mozambique. Of course, the whole story caused a big avalanche of jokes on her account via Twitter #hloverka. However, as it was established, the picture does not represent the beach from the Makarska Riviera, but the beach from the picture is in Mozambique! And then an entrepreneur who lives or tries to make a living from tourism in Makarska, as well as the whole of Croatia, looks at himself and asks himself: Who is crazy here? Why do I pay tourist boards? Where does my money go? Ša Bad “advertising” for all her colleagues in the tourist system, which logically puts additional fire in the context of the meaning of such a system of tourist boards, ie poor personnel policy within the tourist board system. Honor the positive examples. Cover photo: Pixabay.com / Ilustracija_HrTurizam
Lakers, Clippers schedules set for first round of NBA playoffs Lakers practice early hoping to answer all questions LAKERS EXERCISE 4 TEAM OPTIONSIn an expected move, the Lakers exercised team options to keep Ball, Ingram, Kuzma and Hart on through next season. All four players are on rookie deals, which allows for team control through the first four years of their careers, at which point they can become restricted free agents.The deadline came during a week when Lakers veterans have been particularly complimentary of that young core of players. Rondo talked Monday about a particular moment on a team flight when the young players crowded around James as he talked about some game film.Kuzma acknowledged that he, Ingram, Ball and Hart have been attentive to veteran advice and film study, but added Rondo might have embellished the details of the story.“It wasn’t like a Mufasa moment,” he said. “Definitely wasn’t like that. Wasn’t no Kumbaya. But, um, just pointing out something in the film and everybody was just listening to him talk.”BLAZERS MOURNING ALLENPaul Allen died Monday, leaving a giant shadow over a number of companies and sports franchises, including the Portland Trail Blazers, a team he owned for 30 years. He was 65.Related Articles Newsroom GuidelinesNews TipsContact UsReport an Error How athletes protesting the national anthem has evolved over 17 years The Lakers released a statement from Jeanie Buss on Allen’s passing: “We are terribly saddened by the news of the passing of Paul Allen. He was dedicated to the city of Portland and his Trail Blazers teams reflected his commitment to hard work and excellence. Our condolences go out to his family, friends, colleagues and the Trail Blazers fans.”Thursday’s game will mark the first for the Blazers since Allen’s passing, which figures to stir more emotion into the season home opener at the Moda Center – the arena which Allen helped construct.“He’s meant so much to that whole region up there,” Walton said. “It will be an emotional night for the team, the players, everybody. Even us. I mean, he’s an owner in the NBA family. It will be an emotional night. But as far as the energy, anybody that’s played in Portland knows that they bring everything on the floor so I would expect that to be about the same, but there are definitely going to be emotions up there.” Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed EL SEGUNDO — As a few teams were preparing to tip off the NBA season, the Lakers were preparing for the league’s opening night in different fashion.“I can’t wait,” Coach Luke Walton said of the opening night games. “I TiVo’d them last night just in case I got busy today, so they’re already recorded at my house.”The Lakers won’t tip off until Thursday in Portland, meaning a few more practices before game night as much of the rest of the league dives in. Walton said in one sense, it makes the team “antsy,” but in another, he welcomes the opportunity to do extra work.And the Lakers were not wasting that opportunity, going through physical practices that players said were taxing, a mix of 5-on-5 and playbook installation and recall. Walton seemed to be relishing the chance to put his team up to the mental test after a brisk start to practice. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with Packers“So physically when setting up practice, I wanted to run,” he said. “Get out and run. Let’s physically challenge them. And then while they’re tired, let’s put in some new things and see how they react to that. And then go back over some items that we covered last week, see how well they’re remembering some of that stuff.”Walton declined to name his starters for Thursday night against the Trail Blazers, but acknowledged that a group of Rajon Rondo, Kentavious Caldwell-Pope, Brandon Ingram, LeBron James and JaVale McGee started practice together – which seems to be an early favorite for the lineup the team will use. Rondo played through illness on Thursday, Walton said, despite his coach saying he could sit out.Lonzo Ball, Josh Hart, Lance Stephenson, Kyle Kuzma and Ivica Zubac played on an opposing unit at the start of practice, but Walton said he mixed in “six or seven” lineups on Tuesday.“The mentality is that it doesn’t matter,” he said. “If something does happen, we’re ready to play. No matter who’s starting, who’s not starting, it doesn’t matter. We’re ready to play as a group. Guys who are playing well are gonna finish games, and we’re gonna support each other throughout.”
Kolkata: Senior IPS officer Rajeev Kumar failed to turn up at the city’s CBI office yet again on Friday, a day after the agency issued a fresh notice, asking him to appear before it in connection with the probe into Saradha chit fund scam, sources said. The former Kolkata police commissioner is alleged to have suppressed evidence crucial for the investigation into the multi-crore ponzi scam. This was the third occasion since Saturday Kumar defied CBI summons to appear before its investigating team at the CGO complex office in Salt Lake. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari Puja A special Central Bureau of Investigation (CBI) team had been searching for Kumar, who is now the Additional Director General of Police in the Criminal Investigation Department (CID), across various locations in Kolkata. In a letter to the West Bengal Director General of Police (DGP), the agency had on Thursday sought Kumar’s phone number on which he could be contacted. Kumar was part of a special investigation team (SIT) set up by the West Bengal government to investigate the scam before the Supreme Court handed over the case to the CBI in 2014, along with other chit fund cases. Also Read – Bengal civic volunteer dies in road mishap on national highway The CBI had moved Alipore court in the city on Thursday, seeking an arrest warrant for Kumar. Disposing off the agency’s prayer, the court said the CBI does not need its warrant against Kumar, as the Supreme Court and the Calcutta High Court had already lifted bar on his arrest in the chit fund case. The Saradha group of companies allegedly duped lakhs of people to the tune of Rs 2500 crore, promising higher rates of return on their investments.
The Republic of North Macedonia has proposed an exchange of students and professors with the SRM Institute of Science and Technology to take the bilateral relationship to a new level. Charge d’ Affaires, Embassy of North Macedonia, Nehat Emini, recently mooted the proposal in a meeting with SRMIST Founder Chancellor Dr T R Paarivendhar, MP, and President Dr P Sathyanarayanan.Noting that the School of Public Health in SRM is one of the top 10 schools in the country, SRMIST President Dr Sathyanarayan said, “I am happy that Nehat Emini, Charge d’ Affaires is with us today. The sculpture and heritage of North Macedonia is very similar to India and I hope we have pivotal trade and education connection between our countries”. Also Read – The Puja carnivalHe said it was an honour and prestige that SRM School of Public Health has been selected to do the NFHS-5. “Normally it is the government who does such surveys but this has been passed on to a private organisation. This is a privilege for SRM”. “School of Public Health is a multidisciplinary field as it involves Management, Statistics, Biology and several other fields. We have all these under one umbrella in SRM and we have to make use of these facilities for this survey,” he said. Also Read – Wave City brings special offers this Navratra”I would like to invite students from India as well as professors for exchange programmes to my country where we have very good professors with good standing in Europe, as I am deeply convinced that our common aim is to deepen cooperation in areas of our mutual interest,” said the Macedonian official who was the Chief Guest at the launch of the National Family Health Survey (NFHS) Round 5. The project cost is estimated to be around Rs 9 crore. Dean, SRM School of Public Health, Dr Padma Venkat, said the North Macedonian capital was Skopje, the birthplace of Mother Teresa. Significantly, North Macedonia was highly rated on the human development index and had a rich cultural heritage of music, art, dance and fresco paintings. SRMIST Vice Chancellor Dr Sandeep Sancheti called for timely completion of the survey which would be greatly beneficial to society at large. He said the SRM School of Public Health should excel in carrying out its mandate given by the government to change the perception that societal contribution of educational institutions is not so strong. Among those present were the Registrar Dr N Sethuraman, Deans and Directors of SRMIST besides C Latha, Project Officer, Tamil Nadu, International Institute of Population Studies which is the national nodal centre for implementing the NFHS-5, Dr J Allirani, Deputy Director, Department of Family Welfare, Maternal and Child Health, Puducherry and Dr Venkatramanan, State Bureau of Health Intelligence, Directorate of Public Health and Preventive Health.
Chennai: Thailand and India have signed agreements for Rs 2,400 crore to boost trade ties between the two countries, Deputy Prime Minister of the southeast Asian country Jurin Laksanawisit said on Friday. The pacts were across segments including rubber, construction material, food and beverages, logistics, he told reporters here on the sidelines of an event organised by the CII (Confederation of Indian Industry). Giving a break up of the agreements, Laksanawisit on his first visit to India said the agreements signed in Mumbai total 4.45 billion Thai baht (about Rs 900 crore) while in Chennai, it was 7.623 billion Thai baht (about Rs 1,500 crore). Also Read – Commercial vehicle sales to remain subdued in current fiscal: Icra”The total trade generated by this trip is 12.075 billion Thai baht. This number is satisfactory and we consider it as a huge success for this visit”, he said. Leading a delegation from Bangkok with more than 30 companies taking part, he said the main objective of the visit was to strengthen strategic partnership with India, expand new business opportunities. For Mumbai, the focus on partnerships was on food, construction material, logistics and real estate development. For Chennai, the focus was on rubber market from Thailand to India, he said. The deputy Prime Minister, also holding the Ministry of Commerce portfolio, said the demand for rubber from India after his discussion with rubber companies during the visit was that India requires import of about one million tonne of rubber. Also Read – Ashok Leyland stock tanks over 5 pc as co plans to suspend production for up to 15 days”The Indian domestic industry can meet about 40 per cent of rubber but India requires 60 per cent of the demand to import rubber. So, India is a high potential market,” he said. He noted that Indian market was growing steadily as it was not affected by the trade war which was currently on with many other countries. “So, as a result of economic expansion, your automotive and manufacturing industry, tyre and construction requires many raw materials, natural rubber and rubber-related products to expand steadily in India. One of the main raw materials that India businesses inform me was import of block rubber, compound rubber with black carbon,” he said. On the brief visit and the business delegation led by him, he said he has brought officials from Ministry of Commerce, Thailand Rubber Authority and many private sector for their business opportunities. “I met a lot of people from the Indian Rubber Association and Tyre Manufacturers Association of India,” he said. The Deputy Prime Minister said Thailand was inviting Indian businesses to sign another memorandum of understanding in November and they would launch an initiative to launch Thai products to be available in Indian market. “I will visit India one more time to promote Thai food and food products which has been increasingly popular in India.”, he said. On trade relations between the two countries, he said the bilateral two-way trade was at $12 billion in 2018.