Global real estate consultancy Savills has reported a solid financial result for 2025, despite the difficult market environment in the UK. The figures show that the company's revenue rose by 6.1% to £2.55 billion, while underlying pre-tax profit increased by over 11% to £145.3 million.
Strong global growth despite difficulties in the UK
The results demonstrate the resilience of the business, despite a number of economic and political challenges.
The company's chief executive officer Simon Shaw stressed that the group had achieved “strong performance across all core business lines“, despite market uncertainty and fiscal changes.
Revenue growth was recorded across all of the company's key regions and business lines – from consultancy to property management and investment services.
UK residential segment declines
Despite the overall positive result, the UK residential market remains under pressure. It accounts for around 40% of the group's revenue, but is set to see a decline in transactions in 2025.
UK residential transaction revenue fell by 4% to £199.7m, while profits in this segment fell by around 9%.
The luxury property segment was particularly hard hit. Transactions for homes worth over £5m in London fell by 11%, while prices in the UK's prime areas fell by 2.2%.
In the rest of the country, the decline in prices reached 3.9%, indicating a broader cooling of the market.
Tax uncertainty cools the market
Savills analysts attribute the weak activity for most of the year to uncertainty surrounding potential tax changes and the government's economic policy.
This led to a significant slowdown in transactions in the second and third quarters of 2025, when buyers and investors preferred to wait for the political situation to develop.
Recovery at the end of the year
The market is starting to show signs of stabilising at the end of the year. Following the announcement of the Autumn Budget in the UK, market activity has increased, with a number of deals being completed in the last quarter.
According to the company, increased certainty among investors and buyers has led to a higher number of deals and a stronger end to the year.
Diversified business brings stability
One of the key factors behind Savills' strong financial performance is its diversified business model.
Less transaction-dependent activities – such as property management, consultancy and investment management – have achieved about 8% revenue growth, which compensates for the weaker activity in the transaction market.
According to analysts, these services will remain the main driver of the company's growth in a period of unstable property markets.
Market outlook
Savills expects a gradual improvement in the real estate market in the coming years, especially if interest rates begin to decline and investment activity increases.
However, the company warns that economic uncertainty and political factors may continue to impact the market, especially in the segment of expensive residential properties.
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