November 2016


Prospects for longer term recovery in Aberdeen are good, but residential prices must adjust according to Savills

Prospects for longer term recovery in Aberdeen are good, but residential prices must adjust according to Savills

23 November 2016

Latest research from residential property specialists Savills reveals the impact of Aberdeen's oil-shock has resulted in a 24% fall in sales over a two-year period.

 
 
Savills advises Invesco on acquisition of prime office & retail building in Barcelona

Savills advises Invesco on acquisition of prime office & retail building in Barcelona

23 November 2016

International real estate advisor Savills has advised Invesco Real Estate (IRE) on the acquisition of Ronda de Sant Pere 5 in Barcelona for circa EUR 29 million. The vendor was Deka and the property was included in the portfolio of the open-ended real estate fund WestInvest InterSelect. Ronda de Sant Pere 5 is a first-class commercial asset comprising 4,000 sqm: 2,600 sqm dedicated to office space and 1,400 sqm of high street retail units. The building is fully let.

 
 
Initial response to Business Rates announcements in the Autumn Statement

Initial response to Business Rates announcements in the Autumn Statement

23 November 2016

David Parker, Head of Rating at Savills, responds to the announcement that the cap on transitional relief for businesses with business rates bills of over £100,000 will fall from 45% next year to 43%, and from 50% to 32% the year after.

 
 
The Autumn Statement - what it means for the housing market

The Autumn Statement - what it means for the housing market

23 November 2016

Savills Lucian Cook, head of UK residential research, and Robert Grundy, head of housing, comment on what the Autumn Statement will mean for the UK housing market.

 
 
Dynamic new law firm takes two floors at St James's Tower, Manchester

Dynamic new law firm takes two floors at St James's Tower, Manchester

22 November 2016

BA Pension Fund, represented jointly by Savills and OBI, has let office space at St James’s Tower in Manchester city centre to Coupland Cavendish (trading as Gowing Law Solicitors).

 
 
Helen Collins to lead Savills Housing Consultancy

Helen Collins to lead Savills Housing Consultancy

22 November 2016

Helen Collins is to step up and assume the leadership of Savills Housing Consultancy. Helen – a former president of the Chartered Institute of Housing and executive director at Bromford Housing – will succeed Mervyn Jones from 1 January 2017.

 
 
New owners for Groundwell Industrial Estate in Swindon

New owners for Groundwell Industrial Estate in Swindon

21 November 2016

Howard Tenens, advised jointly by Savills and Whitmarsh Lockhart, has purchased the former Triumph manufacturing facility on Groundwell Industrial Estate in Swindon for an undisclosed price.

 
 
Planning Division comes top in consultancy survey for the second year running

Planning Division comes top in consultancy survey for the second year running

21 November 2016

Savills Planning division has maintained its position as The No 1 consultancy in Planning magazine’s annual consultancy survey.

 
 
London beats Paris to claim Europe's top retail destination

London beats Paris to claim Europe's top retail destination

17 November 2016

International real estate advisor Savills has identified London as Europe’s top retail location in its latest European Retail Destination Index, which identifies the best opportunities for expanding international brands. According to Savills, London’s success is due to its underlying operational fundamentals related to retail spend and tourist flows.  These factors have been further enhanced by London’s ‘opportunity’ potential for new retail entrants and total occupational costs, which are 6.7% cheaper than Paris

 
 
Savills: Amsterdam, Barcelona & Warsaw should be on the hit list for expanding international retail brands

Savills: Amsterdam, Barcelona & Warsaw should be on the hit list for expanding international retail brands

16 November 2016

Amsterdam, Barcelona and Warsaw have been identified as rising stars in the European retail market in Savills latest European Retail Destination Index.

 
 

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