Savills staff will share out a massive £70 million windfall after a record year. The up market estate agent and commercial property consultant reported a 47% surge in pre tax profits to £50.2 million. Its shares rose by 12% to 660p. At least 40 agents will be taking home bonuses of £250,000 or more. Savills have benefited from a buoyant commercial market and are confident that the residential property market will continue to recover. Chief executive Aubrey Adams said: “There has been lots of doom and gloom about prices crashing, which we never thought was true; we just thought it would balance out. The London market looks particularly strong.”