As the spread of Covid-19 continues, we wanted to write to reassure you that the wellbeing of our clients and employees will be at the forefront of everything we do. We will of course continue to adhere strictly to Government advice, whilst remaining fully committed to providing an ongoing service to clients across all areas of our business.

We are reviewing and monitoring developments continuously, and our approach will inevitably continue to evolve. As a global business, we have been able to learn from our colleagues in Asia and the risk management initiatives that they developed, as well as from other parts of the world as the virus has spread. These learnings have allowed us to develop our IT systems and other business infrastructure to support smart working, that will ensure we continue to deliver a nimble, first class service to our clients throughout the weeks to come.

The situation in all MENA markets is obviously moving very fast. We have comprehensive business continuity procedures in place for all of our offices and, in light of the current situation, the majority of our staff are now working remotely until further notice. Our offices currently remain open, but with a reduced workforce to minimise contact and contamination risk for all. You can continue to contact us as normal, and we will continue to deliver the high levels of service you rightly expect.

Our internal policies are comprehensive and ensure that Savills staff have up to date information covering travel, hygiene, attendance at meetings and interaction with clients to minimise risks to all.

During these challenging times we know that you will have many questions regarding market conditions and we plan to share our observations with you on a regular basis. As has been widely reported, the start of the year has shown encouraging activity across all our markets during the first quarter. We hope that with the right approach, any disruption to the real estate markets is likely to be a near term delay or a short shock rather than a fundamental loss over the long term.

Our thoughts are very much with those who have been affected and continue to be affected by this virus around the world.