Savills is proud to announce dual recognitions at the Euromoney Real Estate Awards 2024. Savills Middle East has been awarded Best Real Estate Agency in the Middle East, while Savills Egypt has earned the title of Egypt’s Best Real Estate Agency. These accolades are a testament to the firm’s deep expertise, exceptional performance, and unwavering commitment to delivering world-class real estate services across the region.

Savills Middle East’s success reflects a year of remarkable growth and strategic expansion across the region. In the UAE, the firm has significantly enhanced its residential operations, growing its team and expanding office space to accommodate over 100 new staff members. In line with this growth, Toby Hall joined as Head of Commercial Agency for Savills Middle East, strengthening the firm’s ability to meet the rising demand for corporate real estate solutions. These developments align with Dubai’s booming residential property market, which has experienced record growth driven by inward migration and long-term visa reforms. Meanwhile, in Saudi Arabia, Savills continues to support Vision 2030’s ambitious goals with tailored real estate advisory services.

Savills Egypt has also achieved exceptional milestones, including a 68% increase in revenue and a 76% rise in profits year-on-year during the award review period from May 2023 to June 2024. The team has grown to over 165 professionals, delivering consultancy for more than 5.5 million square metres across the MENA region and managing over 1 million square metres in Egypt.

Key projects in Egypt include Orascom Development’s Makadi Heights, Tatweer Misr Developments, and Infinity Tower, the region’s third tallest building. Additionally, Savills Egypt facilitated sales worth EGP 14 billion for Qatari Diar Real Estate Investment Company, further solidifying its reputation as a leader in the market.

The Euromoney Real Estate Awards are globally recognised for celebrating excellence in real estate advisory, transactions, and development.

With innovative solutions and a forward-thinking approach, Savills remains committed to supporting the Middle East’s evolving markets and shaping the future of real estate across the region.

About Savills Middle East:

Savills plc is a global real estate services provider listed on the London Stock Exchange. With a presence in the Middle East for over 40 years, Savills offers an extensive range of specialist advisory, management and transactional services across the United Arab Emirates, Oman, Bahrain, Egypt, and Saudi Arabia. Expertise includes property management, residential and commercial agency services, property and business assets valuation, and investment and development advisory. Originally founded in the UK in 1855, Savills has an international network of over 700 offices and associates employing over 40,000 people across the Americas, UK, Europe, Asia Pacific, Africa, and the Middle East.

For further information, please contact:
Savills press office:
siddhi.sainani@savills.me
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