Growth inYorkshire has helped Savills to retain its UK number one position in trade publication Estates Gazette’s annual Top Agents Survey.
The firm’s 13% increase in UK turnover from £352.3m in 2012 (based on 2011 financial year end) to £399.1m in 2013 put it ahead of Jones Lang LaSalle, CBRE and Knight Frank who were placed second, third and fourth respectively.
Paul Fairhurst, head of Savills Leeds, said: “In Yorkshire specifically we have seen a more positive economic sentiment which is creating an increase in confidence and a greater demand for property from both occupiers and investors.”
The EG Top Agents Survey highlighted some positive figures overall for the industry with more than 70% of agents reporting an increase in turnover for 2012.
Expectations for 2013/2014 are even more upbeat, with almost 90% forecasting a rise in turnover for the current financial year, compared with 57% in 2012. The collective turnover reported in the survey totalled £2.3bn, against the £2.28bn last year.
In addition to ranking number one in the EG Top Agents Survey, Savills retained its first position for the tenth consecutive year in Property Week’s top property services firm survey by turnover in June this year.