January 2018


Manchester hotel investment highest of any UK regional city in 2017

Manchester hotel investment highest of any UK regional city in 2017

31 January 2018

Hotel investment volumes in Manchester were higher than any other UK city outside of London in 2017, according to international real estate advisor Savills, with nine deals totalling £178.55 million.  This was 52% greater than the £117.43 million seen in Edinburgh, the second highest regional city by volume, and more than double Manchester’s £83.1 million total in 2016.

 
 
Purpose built gym let to Fitness First, Solihull, comes to market for £1.7 million

Purpose built gym let to Fitness First, Solihull, comes to market for £1.7 million

30 January 2018

International real estate advisor Savills, on behalf of a private individual, has brought to market a purpose built fitness centre, fully let to Fitness First. Located in Solihull the unit has a guide price of £1.7 million.

 
 
London & New York offer greatest opportunities for luxury watch store openings – Savills

London & New York offer greatest opportunities for luxury watch store openings – Savills

26 January 2018

London and New York could provide key opportunities for luxury watch brands seeking expansion in 2018 and beyond, according to international real estate advisor Savills, with 44% of brands that operate standalone boutiques globally not yet present in either city.  By contrast, the firm says 73% of such brands already have a boutique in Paris.

 
 
EG crowns Savills no. 1 agent for Central London investment for second year

EG crowns Savills no. 1 agent for Central London investment for second year

26 January 2018

Savills has come top of EG’s Central London investment league table, completing seven of the 10 largest deals of 2017, making it the number one agent for investment in London for the second consecutive year. 

 
 
£3 million sale launched for historic Cumbrian country house with planning consent for further development

£3 million sale launched for historic Cumbrian country house with planning consent for further development

24 January 2018

International real estate advisor Savills, on behalf of a private vendor, has brought to market Lovelady Country House Hotel in Alston, Cumbria for a guide price in excess of £3 million.  The historic property is being sold with planning permission in place for a sympathetic refurbishment and additional development, creating up to 38 holiday lets with leisure and spa facilities.

 
 
Savills brings “towering” London development opportunity to market

Savills brings “towering” London development opportunity to market

24 January 2018

Savills has been instructed to sell the freehold of Tower Bridge Court, 224-226 Tower Bridge Road, a prime development opportunity overlooking Tower Bridge and the River Thames, by a private client.

 
 
£2.3 billion invested across Scotland’s commercial property in 2017 as prices continue to harden

£2.3 billion invested across Scotland’s commercial property in 2017 as prices continue to harden

24 January 2018

Investment into Scottish commercial property in 2017 reached £2.3 billion, 37% ahead of the 10 year annual average (£1.7 billion) according to international real estate advisor Savills. The total transaction volume was boosted by 36 £20 million+ deals, over double the number of deals of this size recorded in 2016 (14), says the firm.

 
 
Land market has been favourable for house builders, but rising demand could tip the balance

Land market has been favourable for house builders, but rising demand could tip the balance

24 January 2018

Reduced competition in the residential development land market, and increasing supply of consented land, have created benign conditions for the major housebuilders over recent years, according to international real estate adviser, Savills.  But demand is growing and market conditions could change, the firm’s analysts state.

 
 
South west hotel market sees investment rise 60% in 2017 - Savills

South west hotel market sees investment rise 60% in 2017 - Savills

23 January 2018

Investment into the south west hotel market reached a total of £399 million across 46 transactions in 2017, 60% above the levels recorded in 2016 according to Savills. The region accounted for 13% of the total UK volume of £5.4 billion.

 
 
Three key drivers suggest positive 2018 outlook for Aberdeen's office market

Three key drivers suggest positive 2018 outlook for Aberdeen's office market

22 January 2018

With total annual office take-up in Aberdeen in 2017 surpassing 400,000 sq ft (37,160 sq m) to double 2016 volumes, Savills anticipates 2018 leasing activity in the city will be driven by: infrastructure delivery; improved optimism in the local economy generally; and continued M&A activity in the oil & gas sector.

 
 

Key Contacts

Liz Williams-Bew

Liz Williams-Bew

UK PR Director
Cross Border B2B Communications

Head Office London

+44 (0) 20 7409 8140

 

Jamie Jago

Jamie Jago

Director
Residential Press Office

Head Office London

+44 (0) 20 7016 3880