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Savills warns of slowing transactions

Series: Financial Times ; 26 June 2001, 25(1)Publication details: 2001Subject(s): Summary: In a further reflection of the slowing UK real estate market, Savills has joined Chestertons as the latest property company to issue a profit warning. The profit warnings from both estate agencies indicate their dependance on transactions business to generate profits.

In a further reflection of the slowing UK real estate market, Savills has joined Chestertons as the latest property company to issue a profit warning. The profit warnings from both estate agencies indicate their dependance on transactions business to generate profits.