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“Cross-border transactions play a critical role in today’s real estate investment market,” said Savills LLC president and CEO John D. Lyons (top right photo) . “This high worldwide ranking demonstrates Savills’ extraordinary global reach. With an experienced professional team who understands capital markets, Savills’ US headquarters in New York has rapidly emerged as a key crossroads for international investment.”
The survey –comparing 2007 revenues of the world’s largest real estate services firms -- found that Savills had risen to number four from number five last year. Savills achieved 2007 revenues of $1.02 billion. The firm has 171 offices with more than 18,000 staff worldwide.
In New York, Savills LLC recently advised a private Irish investor in the acquisition of a portfolio 47 Citibank properties valued at approximately $90 million. The deal represents one of 2008’s largest portfolio transactions in the region.
“This result reflects our global growth having moved into the US, and expanded teams in Europe and Asia over the past year,” said Jeremy Helsby, (top left photo) CEO of Savills Plc. “This international reach will enable us to maximize opportunities in the current challenging economic market.”
Savills LLC – formerly known as Savills Granite – recently expanded its New York headquarters into the entire 36th floor of 599 Lexington Avenue.
About Savills LLC
Savills LLC is a real estate investment banking firm offering investme
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