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Top 40 UK Agencies annual survey

Agency Survey

Agency 2017 636

Agency 2017: Stellar CBRE and JLL results distort overall picture

On the face of it, the agency world has had another robust year. Total revenue among the 40 biggest agents has risen by 16.2% since 2016, from £3.68bn to £4.28bn, compared with 13% between 2015 and 2016, according to Property Week’s Agency 2017 survey.

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Top 40 European property services firms ranked by UK turnover (2017)

The 2017 Agency Survey found that the total UK revenue of the top 40 agents had risen by 16% to £4.28bn. The vast majority of the uptick in income is explained by quite staggering increases in the UK’s - and the world’s - two biggest real estate advisory businesses: CBRE and JLL, which saw revenue growth of 41.1% and 28.1% respectively.

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Top 40 European property services ranked by UK turnover per fee earner (2017)

Beauchamp Estates took the top spot for the fourth year in a row, earning £653,286 per head, while the average figure across the top 40 firms rose 2.6% from £209,375 to £214,717.50.

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Top 10 property services firms ranked by European Revenue (2017)

In 2017, total European revenue of the top 10 firms rose by a whopping 50% to £6.4bn in our Agency Survey with CBRE and JLL again heading up the rankings on £2.9m and £1.4m respectively.

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Top 10 European property services firms ranked by global turnover (2017)

The total global revenue of the top 10 firms broke a major barrier to reach £20.3bn in 2016, up 21% on the previous year. Heading this up again were CBRE on £10.2m (up 20%) and JLL on £5.1m (up 30%).

Agency 2017

Property Week launches Agency 2017

Property Week has launched its annual survey of property advisors for 2017.

Top 40 Agencies

Agency Survey 2016: full results and league tables

This year’s Agency Survey finds a sector in rude health - but clouds are on the horizon.

London skyline

CBRE retains triple crown in Agency Survey

Property Week’s annual survey reveals a sector in good shape amid ongoing global and political volatility.

2016 key findings


Methodology

All the tables were compiled using data supplied by the companies themselves. This year, Cushman & Wakefield elected not to participate, following its merger with DTZ. Bilfinger GVA declined to give European and global revenue figures, saying it was not in a position to do so.

  • CBRE’s revenue figure does not include the September 2015 acquisition of Johnson Controls’ Global Workplace Solutions
  • Altus Group’s reported revenue was CAN$370m in 2014 and CAN$416m in 2015 but due to currency fluctuations, the conversion to £ shows a fall in revenue.
  • Savills’ growth is understated by £12m due to changes to the way revenue is classified.

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