January 2017


The only way is Essex for office investors as sales volumes triple in 12 months

The only way is Essex for office investors as sales volumes triple in 12 months

03 January 2017

According to Savills, total sales volumes in the Essex office investment market are set to hit circa £100 million by the end of 2016, almost tripling last years figure of £33 million. This has been driven largely by the strength of local office rents and the continued popularity of Permitted Development Rights (PDR).

 
 
Office take up in Cardiff reaches highest level for 15 years

Office take up in Cardiff reaches highest level for 15 years

03 January 2017

Take up in the Cardiff office market for the full year in 2016 is expected to reach circa 670,000 sq ft (62,245 sq m), the highest level for 15 years, according to international real estate advisor Savills. This figure surpasses the 615,000 sq ft (57,135 sq m) transacted in 2015 and is 34% above the ten year average of 500,000 sq ft (46,451 sq m) for the city.

 
 
Trebor & Seddon Developments to speculatively develop two industrial units in Staffordshire

Trebor & Seddon Developments to speculatively develop two industrial units in Staffordshire

03 January 2017

Trebor and Seddon Developments have been granted planning consent to speculatively develop two new industrial units totalling 144,000 sq ft (13,378 sq m) in Staffordshire, with Savills and BNP Paribas instructed as joint letting agents.

 
 
Lincoln Court to be converted to residential use, Peterborough

Lincoln Court to be converted to residential use, Peterborough

03 January 2017

Savills, on behalf of Whitfield (Holdings) Limited, has sold Lincoln Court on Lincoln Road in Peterborough to Buttar Construction.

 
 
Great West Plaza fetches over £300m for redevelopment, West London

Great West Plaza fetches over £300m for redevelopment, West London

03 January 2017

On behalf of a UK Pension Fund, Savills has completed the sale of a redevelopment opportunity at Great West Plaza in Brentford, West London TW8 to Quinata Global for £30.3 million.

 
 
Savills successfully sells Bahrain's Juffair views project

Savills successfully sells Bahrain's Juffair views project

03 January 2017

Savills, on behalf of the Committee for Stalled Real Estate Projects, has sold the stalled real estate project, Juffair Views in Al Juffair, Bahrain at auction for BD3.6 million ($9.5 million) to Ramee Group.

 
 

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