Savills slumps as CBRE sells 19% stake

Property advisor Savills suffered a drop on the London Stock exchange on Thursday when it emerged rival CB Richard Ellis had sold the 19% stake in Savills at 623 pence per share. CBRE obtained the stake, owned by Trammel Crow Company, when it bought Trammel last year for $2.2 bn.

Premium subscriber content – please log in to read more or take a free trial.

Events

Latest news

Best read stories