UK News

Hardly a day goes by without discussion about property, finance or a major development getting on to the news agenda in some part of the world. This section of the website brings you all the news about Savills from the United Kingdom.

Prime London house prices dip in face of volatile sentiment

Prime London house prices dip in face of volatile sentiment

28 June 2017

A year on from the Brexit vote, prime London house prices have continued to soften, recording small falls both in central and outer prime locations over the past quarter, according to latest analysis from international property adviser, Savills.

 
 
Rise of community shopping centres as 78% of shoppers visit at least weekly

Rise of community shopping centres as 78% of shoppers visit at least weekly

27 June 2017

Community shopping centres are playing an increasingly important role in the overall retail experience, according to a new report from Savills and Ellandi, with 78% of shoppers visiting one at least weekly and 92% at least monthly.  Retail Revolutions: The Rise of the Community Shopping Centre highlights a polarisation of shopping patterns, with a clear distinction between dominant centres visited occasionally and functional local shopping fitted around busy, every-day life.

 
 
CCLA acquires pair of prime office assets from Aviva in £10.5 million sale

CCLA acquires pair of prime office assets from Aviva in £10.5 million sale

27 June 2017

Aviva, advised by international real estate advisor Savills, has sold two office buildings on Manor Royal Business Park in Crawley, to the UK charity fund manager CCLA. Alexandra House and Compass House sold for a combined £10.15 million, representing a net initial yield of 8.42%.

 
 
Life science sector remains strong in the South East despite ongoing uncertainty

Life science sector remains strong in the South East despite ongoing uncertainty

27 June 2017

According to Savills, the pharmaceutical industry and life sciences sector continues to be a key driver of demand within the M25 office market accounting for 10% of all space transacted in the region in 2016, the highest proportion of take-up in the last five years. This suggests continued confidence by both domestic and international firms in the South East, despite ongoing economic uncertainty surrounding Brexit.

 
 
 

Key Contacts

Liz Williams-Bew

Liz Williams-Bew

Director
Commercial Marketing & Press

Savills Margaret Street

+44 (0) 20 7409 8140

 

Jamie Jago

Jamie Jago

Director
Residential Press Office

Savills Margaret Street

+44 (0) 20 7016 3880