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London-based estate agent raises profit forecasts amid Covid ‘race for space’ and warehouse boom

A rush to buy £1m-plus homes in the countryside in the Covid-inspired “race for space” and the warehouse boom at the end of last year have helped the high-end estate agent Savills to significantly upgrade its profit forecasts.

In further evidence that the UK property market is flourishing, the estate agent Winkworth also released figures on Wednesday lifting its profit outlook.

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