Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Currently I have a negative outlook on UK property in the shorter term and that makes Savills (SVS) an attractive shorting opportunity. It is the UK’s leading estate agent and one of the biggest in the world, based on turnover, but with the share price very close to an all time, currently at around 712p and a market cap of just under £1 billion, this FTSE250 company looks over-valued to me.