News

Up-to-the-minute news from our press teams providing the latest developments within Savills, and across the property industry.  

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News

Business Space

New build Grade A office space near Banbury hits the market

"Savills has been appointed by a private client to market office space at The Copse building. The brand new property provides approximately 9,650 sq ft (900 sq m) of space and forms part of the already established Bloxham Mill Business Centre, near Banbury."

News

Commercial Investment

Birmingham office investment set to exceed record levels by year end

"According to the latest Birmingham office Market in Minutes from Savills, year end investment levels for 2018 are set to exceed £800 million, which surpasses the record levels reached in 2015 of £790 million. The international real estate advisor notes that office investment in Birmingham reached £357 million during the first three quarters of 2018, 19% above the 10 year quarterly average of £300 million. With a number of substantial deals currently under offer, which are anticipated to complete before the end of the year, the city is on track to set a new office market investment record."

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News

Corporate News

Savills expands in East London with Currell acquisition

"Savills announces today (13 December 2018) that it has acquired Currell, the leading property services company in East London. The acquisition is seen as a key strategic opportunity for expansion, bolstering Savills existing East London office network in Islington, Shoreditch, Wapping and Canary Wharf."

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News

Office Space

Victoria Beckham's flagship office HQ sold to Middle Eastern investor for £16.8M – London W6

"Savills has sold the freehold interest in Victoria Beckham's global headquarters at 202 Hammersmith Road, W6, on behalf of one of Aberdeen Standard Investments’ segregated mandates to Dubai based investor, SRG Holding Limited, for £16.8 million. The transaction represents a net initial yield of 4.42% and a capital value of £1,140 per sq ft. CBRE advised the purchaser."

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