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April 2011
A strong start to the year for farmland values
20 April 2011
Grade 3 arable land values in England rose by 2.7% during the first quarter of this year to average £5,700 per acre as the effects of a growing demand from many types of buyers and a squeeze on supply took hold.
18 April 2011
Savills is the best property advisor in the North West, West Midlands, South West and Wales and East of England, according to leading trade publication Estates Gazette’s regional awards.
Kutchenhaus expands at Kings Park, Manchester to create UK HQ
12 April 2011
Earl Estates, represented by international real estate advisor Savills, has let space at Kings Park located within Trafford Park in Manchester to Kutchenhaus.
Lacoste signs up at Ramillies Street, W1
12 April 2011
Brampton Ltd, represented by international real estate advisor Savills, has taken the last remaining office floor at 6 Ramillies Street in London, W1 from private overseas investors of David Menzies Associates.
I CAN pays tribute to Savills grads for outstanding OFSTED report
12 April 2011
Children’s communication charity I CAN has written to Savills to express thanks for the contribution of the firm to its school, following the outstanding rating it achieved from a recent Ofsted report for the second assessment in succession.
New offices and leadership for Savills Manchester
08 April 2011
Savills Commercial has today announced the appointments of Peter Mallinder as head of the Northern region and Patrick Joynson as head of its Manchester office. The new roles coincide with the firm’s move to Belvedere, 12 Booth Street, Manchester, M2 4AW on Monday 18 April 2011.
Manchester’s first movers could reap rewards in office sector
08 April 2011
According to the latest office report from international real estate advisor Savills, headline office rents in Manchester will reach £30 per sq ft (£323 per sq m) during 2011 as a result of a diminishing grade A supply combined with a recovery in demand for this product. Savills notes in its research that headline rents in the city during 2010 remained at a consistent peak of £28.50 per sq ft (£306 per sq m).
The Tenant Farmers Association Insurance Policy
07 April 2011
The Tenant Farmers Association offers an insurance policy to its members, which will pay out where failure to agree on a rent review leads to a court hearing. How does this approach encourage around the table discussions towards agreeing a review and maintain ongoing tenant and landlord relationships?
Blackstone buys Chiswick Park And retains Savills as letting agents
07 April 2011
The investors in The Chiswick Park Unit Trust (CHISPUT) have sold 100% of the units in CHISPUT the Jersey based property unit trust that owns Chiswick Park in West London to The Blackstone Group. The sale was based on a property price of £480 million reflecting a 6.6% net initial yield. Savills and CB Richard Ellis acted in a joint agency capacity on behalf of the investors.
Paradise rediscovered - England’s Favourite House is revealed
06 April 2011
Eyford, a classical Cotswolds home in idyllic grounds where, legend has it, poet John Milton was inspired to write Paradise Lost, takes the crown as England’s Favourite House, Country Life magazine reveals today (6 April).
