10.08.2012 - Savills expects Europe property markets to remain subdued |
Savills has said it expects European property markets to remain unsettled and very subdued in countries like Italy and Spain, as it posted a four per cent fall in first-half group profit before tax. The property consultancy said yesterday that underlying profit before tax fell to £19.7m in the six months to June, down from £20.6m in the same period last year. Group revenue rose five per cent to £353.3m...............................................Full Article: Source |