November 2016


Savills expands its Caribbean network

Savills expands its Caribbean network

16 November 2016

Savills, the global real estate services provider, has partnered with NW Hamilton Realty Ltd  in the Turks & Caicos.

 
 
Savills drives £1.875 million acquisition of Solihull's Kia Motors dealership

Savills drives £1.875 million acquisition of Solihull's Kia Motors dealership

15 November 2016

International real estate advisor Savills, on behalf of a private investor, has acquired a car dealership occupied by Kia Motors in Elmdon, Solihull from Custodian Capital for £1.875 million, reflecting a net initial yield of 7.28%.

 
 
Bristol office take up at strongest level since 2007

Bristol office take up at strongest level since 2007

14 November 2016

Take up of Bristol offices has reached 515,699 sq ft (47,910 sq m) in the first three quarters of the year; the highest level since 2007, according to Savills. In its latest research the international real estate advisor notes that the third quarter of 2016 saw take up reach 134,408 sq ft (12,486 sq m), compared to 131,162 sq ft (12,185 sq m) in the third quarter of 2015. 

 
 
Housing associations could borrow £7.4 billion

Housing associations could borrow £7.4 billion

10 November 2016

The Government drive for increased new housing supply is putting political and financial pressure on housing associations to increase their housing delivery, a challenge the sector could be well positioned to respond to quickly by unlocking additional financial capacity, Savills says in Spotlight: Housing Association Financial Capacity, published today.

 
 
Leeds City Region: undersupply to drive growth in house prices and office rents, says Savills

Leeds City Region: undersupply to drive growth in house prices and office rents, says Savills

10 November 2016

An undersupply of residential development sites and office space created by strong economic growth in Leeds City Region* could see average house prices rise 10% by 2021 and Grade A office rents reach £30 per sq ft (£323 per sq m) within three years, according to international real estate advisor Savills. 

 
 
New owners teed up for Woodbury Park Hotel and Golf Club, Exeter

New owners teed up for Woodbury Park Hotel and Golf Club, Exeter

09 November 2016

Savills, on behalf of Sue & Robin Hawkins, has sold Woodbury Park Hotel and Golf Club in Exeter to The Club Company. The hotel had a guide price of £11.75 million.

 
 
Wary buyers dictate price of residential development land

Wary buyers dictate price of residential development land

09 November 2016

Residential development land value growth has stalled across most of the country as the market settles after the EU Referendum, though areas of strong demand and value growth remain in outer London and key regional centres, according to the latest Savills residential land index. 

 
 
Findrassie Masterplan wins prestigious national award

Findrassie Masterplan wins prestigious national award

09 November 2016

Pitgaveny, a local rural business, and Moray Council have won a prestigious national award for a masterplan to create a new neighbourhood on the northern edge of Elgin.  The Findrassie Masterplan was awarded in the Partnership category of The Scottish Government’s Scottish Award for Quality in Planning.

 
 
Prize Sauchiehall Street Block is launched in Glasgow

Prize Sauchiehall Street Block is launched in Glasgow

09 November 2016

On behalf of Lujo Properties, international real estate advisor Savills has launched a commercial investment and development opportunity at 396 – 408 Sauchiehall Street in Glasgow to the market. Offers are invited for the sale of the part-income producing asset.

 
 
New owner for Beach View Caravan Park in Wales

New owner for Beach View Caravan Park in Wales

08 November 2016

Savills, on behalf of a private client, has sold Beach View Caravan Park in Abersoch, Wales to a private buyer. The park had a guide price for offers in excess of £800,000.  

 
 

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