Global real estate group Savills enjoyed a 300 per cent jump in revenue from its nascent Australian residential operations in the   June half. 
The Australian residential operation was only re-launched in 2014. Overall transaction fees from residential sales in Asia-Pacific rose 43 per cent in the half to Â£12.7 million ($27 million) despite weakness in Singapore. Savills, which is capitalised at more than Â£1.3 billion, enjoyed a 27 per cent growth in revenue for the half and a 28 per cent increase in underlying profit before tax to Â£38.4 million.
Chief executive, Jeremy Helsby, said the strong first-half performance was driven by a contribution from the new Savills Studley operation in the United States and the strength of our existing businesses in key transactional markets of the United Kingdom and Asia.
"Our performance in these markets mitigated the effect of the pre-election slowdown in the UK residential market, where, lately, we have seen activity levels starting to improve," he said.
Asia-Pacific contributed a third of the underlying profit. Commercial transaction fee income in the region rose by 29 per cent with stronger revenue growth in China, Korea, Taiwan and Australia offsetting weakness in Japan.
However Asia-Pacific consultancy revenue was affected by a "team upgrade" in Australia.
Mr Helsby said the group had continued to build on the Savills Studley platform in the US with three bolt-on acquisitions and recruitment across the country.