Global real estate advisor Savills forecast on Thursday that an increasing emphasis by corporates on higher office attendance will positively influence transaction volumes in 2025, after it posted a 38% jump in annual profit.

The London-based group's underlying profit before tax surged 38% to 130.4 million pounds ($168.9 million) in 2024, compared with average analysts' estimate of 129.6 million pounds, according to data compiled by LSEG. (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Mrigank Dhaniwala)

High-end estate agent Savills saw shares fell sharply on Thursday, despite the group unveiling higher profits and a dividend increase.

Global real estate company Savills expects the drive to get employees back to the office to help transaction volumes in 2025, it said on Thursday, after it posted better than expected annual profit. Property market activity is already expected to be spurred this year,