January 2018


Savills announces succession plan

Savills announces succession plan

16 January 2018

The Board of Savills has today 16 January 2018 announced the retirement of Jeremy Helsby as Savills Group Chief Executive effective 31 December 2018. Jeremy will be succeeded by Mark Ridley, currently CEO of Savills UK and Europe, effective 1 January 2019. Mark will also become Chairman of Savills Group Executive Board from the same date.

 
 
New residential development sales team at Savills in the West Midlands

New residential development sales team at Savills in the West Midlands

15 January 2018

International real estate advisor Savills has appointed a new head of residential development sales. Joe Shorney, who will be based at the firm’s Birmingham office, will head up the newly formed residential development sales department in the West Midlands which specialises in the sale of new homes and development consultancy.

 
 
Nottingham auction house to provide sellers with thousands of additional buyers

Nottingham auction house to provide sellers with thousands of additional buyers

15 January 2018

Those planning to use auction as a means of selling property in 2018 will be given access to thousands of additional potential buyers, as the Savills regional auction department based in Nottingham announces that it will be joining forces with its national counterpart.

 
 
Warehouse sales volumes at record high accounting for 14% of all transactions in 2017, says Savills

Warehouse sales volumes at record high accounting for 14% of all transactions in 2017, says Savills

12 January 2018

According to Savills latest Big Shed Briefing, total sales volumes in the UK warehouse market hit £7.7 billion in 2017, up from £6.1 billion in the previous year, accounting for 14% of all investment transactions, making it the best year on record for the industrial sector. This significant activity can be attributed to the ongoing popularity of the asset class as it continues to generate attractive returns underpinned by a consistently robust occupier market.

 
 
South east & home counties hotels market as stellar year with investment reaching £980 million in 2017

South east & home counties hotels market as stellar year with investment reaching £980 million in 2017

10 January 2018

Investment into the south east and home counties hotel market reached a total of £980 million across 46 transactions in 2017, 60% above the levels recorded in 2016. The region accounted for 18% of the total UK volume of £5.4 billion, according to international real estate advisor Savills.

 
 
Double deal at Venture Park as estate is fully let following refurbishment

Double deal at Venture Park as estate is fully let following refurbishment

10 January 2018

Savills, on behalf of Catalyst Capital, has let the final two warehouse units at Venture Park on Stirling Way in Bretton, Peterborough to Greencore Food To Go Ltd and Bartec Auto ID Ltd.

 
 
Record level of overseas activity boosted Bristol commercial property investment to £611 million in 2017

Record level of overseas activity boosted Bristol commercial property investment to £611 million in 2017

10 January 2018

Investment into Bristol commercial property reached £611 million in 2017 according to international real estate advisor Savills. These levels are 16% down on the record £723 million invested in 2016 but 8% above the five year annual average of £568 million.

 
 
Savills expands Birmingham office agency team with appointment of Sam Cooke

Savills expands Birmingham office agency team with appointment of Sam Cooke

10 January 2018

International real estate advisor Savills has expanded its Birmingham-based office agency team with the appointment of Sam Cooke.

 
 
L&G buys Scottish Courts HQ at Atlantic Quay - Glasgow

L&G buys Scottish Courts HQ at Atlantic Quay - Glasgow

09 January 2018

On behalf of Legal & General Assurance, international real estate advisor Savills assisted in the acquisition of 3 Atlantic Quay in Glasgow from Moorfield Real Estate Fund III for a figure in the region of £50 million, representing a net initial yield of c. 3.75%

 
 
Investment into UK hotels reached 51% above 10 year average to hit £5.4 billion in 2017 - Savills

Investment into UK hotels reached 51% above 10 year average to hit £5.4 billion in 2017 - Savills

08 January 2018

Investment into the UK hotel market reached £5.4 billion across 219 deals in 2017  according to figures from international real estate advisor Savills. This total represents an increase of 32% from 2016, in which levels totalled £4.1 billion and is 51% above the 10 year average of £3.6 billion. 

 
 

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