Savills, the 160-year-old global real estate group, now capitalised at $2 billion, has just taken a stake in a $30 million raising for a two year old, online UK real estate agency, YOPA Property.
"Whether it works, I don't know. What I do know is that the sale of homes will move more and more online," says Savills chief executive Jeremy Helsby.
Helsby is a candid, 35 year veteran of Savills, who, since taking the top job in 2008, has boosted the capitalisation of Savills over £1 billion, taken the London-based group into the US, and expanded its footprint in Australia.
On Friday he spoke to the AFRWeekend about the demand for commercial property, the future of Chinese investment, the new UK restrictions on investment homes, and digital disruption.