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 average rents restored to peak levels, but growth is not uniform

Prime London average rents restored to peak levels, but growth is not uniform

29 July 2014

Stronger economic sentiment and a more buoyant employment market have translated into increased corporate budgets and a pick up in the prime lettings market in the first half of 2014, finally restoring average prime London rental values to their 2007 peak.

 
 
Agents appointed to sell the iconic Gherkin in the City of London

Agents appointed to sell the iconic Gherkin in the City of London

29 July 2014

Savills and Deloitte Real Estate have been jointly instructed to sell The Gherkin at 30 St Mary Axe in the City of London following the appointment of Phil Bowers, Neville Kahn and Alex Adam of Deloitte LLP as the Joint Fixed Charge Receivers on the landmark office building.

 
 
Draft Budget Notice Announced For The First Allocation Of The New Renewable Funding Mechanism

Draft Budget Notice Announced For The First Allocation Of The New Renewable Funding Mechanism

28 July 2014

Department of Energy and Climate Change (DECC) issued last week (24th July) a Draft Budget Notice setting out the funding available for the first allocation round of the new renewable funding mechanism called Contracts for Difference (CfD). DECC’s announcement came one day after the European Commission announced its determination that the CfD program is in line with EU state aid rules.

 
 
Wulfric Square, Peterborough - a sign of the times?

Wulfric Square, Peterborough - a sign of the times?

24 July 2014

Savills, in conjunction with its client Hillgrove Developments Ltd, has completed 17 new leases at Wulfric Square in Peterborough since January 2013 taking the industrial scheme to 97% let.

 
 
 

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