Avison Young loses over £100m for a second year as more jobs cut Property More than £100m has been lost for a second consecutive year by the UK and European arm of global commercial real estate services firm Avison Young as it continued to cut jobs, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2024, having posted the same total for 2023. [...]
Real Estate Investors: Property downturn ‘at or near the bottom’ Property "A normalising market backdrop will contribute to more rapid sales and debt repayment, allowing us to execute our strategy and return capital to shareholders, whilst continuing to pay a covered dividend," he said.