Savills PLC said on Tuesday its first-half profit for 2026 surged 47% year-over-year, boosted by the closure of its acquisition of Eastdil, a U.S. real estate advisory firm.
The London-based company, which provides property services including valuation, leasing and investment management, reported adjusted profit before tax of £215 million for the six months ended June 30, up from £146 million in the same period a year earlier. Revenue rose 15% to £1.1 billion, supported by organic growth and contributions from Eastdil, which was fully integrated following the deal’s completion.
Savills attributed the earnings increase to higher transaction volumes in key markets, including the U.S. and Europe, as well as cost efficiencies from the Eastdil integration. The acquisition, announced in late 2025, expanded Savills’ footprint in commercial real estate services and added scale to its North American operations.
The company maintained its full-year outlook, reaffirming guidance for adjusted profit before tax to grow by at least 20% in 2026. Savills also highlighted ongoing demand for prime office and logistics space, particularly in major cities, as a driver of future performance.
Shares in Savills were up 3.2% in early London trading on Tuesday, outperforming the broader FTSE 250 index.
