June 2017


Savills hires Commercialisation Manager

Savills hires Commercialisation Manager

23 June 2017

Savills continues to grow its property management team with the appointment of Jonathan Corish who joins as Commercialisation Manager in the firm’s Glasgow office.

 
 
£100 million+ deals dominate West End market

£100 million+ deals dominate West End market

22 June 2017

London’s West End investment market is being dominated by £100 million+ deals, with ten deals of this size totalling £2.175 billion transacted this year, a record for both the number and volume of deals in this category, says Savills.

 
 
Confidence returns to Paris residential market

Confidence returns to Paris residential market

22 June 2017

Confidence returns to Paris residential market

 
 
Southampton’s £65 million Ocean Village development enters final stages

Southampton’s £65 million Ocean Village development enters final stages

22 June 2017

Development of the £65 million Southampton Harbour Hotel and Alexandra Wharf scheme in Ocean Village, Southampton is entering its final stages, with more than half of the residential apartments sold, space under offer to retail and leisure operators and the city’s only five star hotel due to open there later this year.  Savills is advising the developer, Nicolas James Group, on the residential and commercial elements.

 
 
Savills marks ten years at the Royal Highland Show

Savills marks ten years at the Royal Highland Show

21 June 2017

Savills Rural will be at the Royal Highland Show for the tenth consecutive year, from Thursday 22nd June to Sunday 25th June.

 
 
June sees a jump in sales at Savills regional auction

June sees a jump in sales at Savills regional auction

19 June 2017

A packed room and competitive pricing saw over £2.6 million raised at the latest Savills regional auction in Nottingham, which took place at the city’s racecourse on Thursday 8th June 2017

 
 
Oxford Street: Creation of large flagships sees total store count decrease by 50 in 25 years

Oxford Street: Creation of large flagships sees total store count decrease by 50 in 25 years

15 June 2017

The total store count on Oxford Street has decreased from 285 to 228 since 1993, according to international real estate advisor Savills, primarily as a result of ‘knock throughs’ driven by retailer demand for large flagship units.  Excluding stores affected by Crossrail development works, there has been a net loss of 50 units across the street over the last 25 years, of which 29 were east of Oxford Circus.

 
 
Sixteenth century Billesley Manor Hotel in Stratford-upon-Avon under new ownership

Sixteenth century Billesley Manor Hotel in Stratford-upon-Avon under new ownership

15 June 2017

The Hotel Collection, represented by Savills, has sold the 4-star Billesley Manor Hotel on the outskirts of Stratford-upon-Avon to an overseas private investor.

 
 
Care homes – more than just an ‘alternative’, says Savills

Care homes – more than just an ‘alternative’, says Savills

15 June 2017

According to the latest market update from Savills Healthcare, strong fundamentals combined with an ageing demographic in the UK has made healthcare, and in particular, care homes, a very attractive asset class. The international real estate advisor notes that the long indexed income with either RPI or fixed uplifts have made an appealing proposition for investors struggling to find similar opportunities in the mainstream markets. In addition, care home yields have moved in significantly over the last five years and now fall in line with many other traditional commercial asset classes. Savills Prime Care Home Yield Index currently stands at 4.25%, down from 4.75% in 2016. 

 
 
Chancerygate given green light for 94,000 sq ft industrial spec dev in Chorley

Chancerygate given green light for 94,000 sq ft industrial spec dev in Chorley

13 June 2017

Chancerygate has been granted planning consent to speculatively develop 12 new industrial units and refurbish an existing warehouse at Eaton Point, part of Matrix Park in Chorley.  Savills has been instructed as letting agent on both elements, acting jointly with Robert Pinkus & Co on the speculative units and with Gerald Eve on the refurbished property.

 
 

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