Savills plc has today announced that Alex Jeffrey, Chief Executive Officer of Savills Investment Management (“Savills IM”), will step back from his day-to-day management responsibilities at the end of June 2026, following a seven year tenure. He will become Senior Advisor to Savills IM, focusing on senior client relationships and strategic expansion initiatives, supporting the leadership transition to Michael Neal who will become Interim CEO effective 1 July 2026.
Michael, currently Global Chief Investment Officer for Savills IM, joined the business in January 2025 from Nuveen where he was CIO and Head of Funds Management. He has over 30 years’ experience in Global Real Estate and has built strong relationships across Savills IM and the wider Savills Group since he joined the company in January 2025. Michael will continue with his Global CIO responsibilities.
Savills IM has also announced today that Alex Griffiths, previously Managing Director and Head of Investor Relations at AEW Europe, will join the business in September. Alex spent almost 13 years at AEW Europe where she led the Capital Raising and Client Relationship Management, Project Management and Investor Servicing and Marketing and Communications functions. During her tenure, over €30bn of capital was raised for Funds, Separate Accounts, Co-investments, and Joint Ventures.
Savills IM has evolved into a globally integrated real estate investment manager over the past seven years, adding real estate debt capability through DRC Capital as well as establishing a strategic partnership with Samsung Life Insurance. During this period, new capital of £12 billion has been raised, contributing to assets under management growing by more than 40% to approximately £23 billion, despite significant volatility during that time across global real estate markets.