News

Up-to-the-minute news from our press teams providing the latest developments within Savills, and across the property industry.  

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News

Corporate News

Savills announces succession plan

"The Board of Savills today announces that Mark Ridley will retire as Group Chief Executive at the end of 2025 after a 29 year career at Savills, seven of them as Group Chief Executive, as well as 41 years in the industry. Mark will be succeeded by Simon Shaw, currently Group Chief Financial Officer of Savills, effective 1 January 2026."

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News

Retail

Savills Luxury Report Reveals Strong Growth in the Luxury Segment in 2024

"A new report from Savills reveals that global luxury retail continues to weather economic headwinds, with core markets reporting strong rental growth in 2024. Across the 21 destinations the international real estate advisor tracks, over 75% reported annual increases or a hold in prime headline rents YoY (year-on-year)."

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