english-nov.jpg)
November 2017
Leeds office market has stellar 2017 boosted by Government, fashion and serviced office sectors
23 November 2017
The Leeds office market has remained popular in 2017 with take up levels reaching 784,000 sq ft (72,836 sq m) in the first three quarters of the year, according to new research by Savills. Take up is 60% above the five year average for this time of the year. This increase has been led by key deals including HMRC and NHS taking 378,000 sq ft (35,117 sq m) at Wellington Place, Burberry relocating to 6 Queen St and the serviced office sector expanding their presence in the city.
Cheese plus gets a slice of Papworth Business Park, Cambridge
23 November 2017
Savills, on behalf of Bash P International Ltd, has sold the long leasehold of Unit C5 at Atria Court on Papworth Business Park in Cambridgeshire to Cambridge Food Company Limited.
US retailer Patagonia chooses Manchester for first UK store
23 November 2017
US outdoor clothing retailer Patagonia, represented by international real estate advisor Savills, has acquired its first UK store at 51 King Street in Manchester.
Cordium Consulting returns to 130 Jermyn street, SW1
23 November 2017
Savills, on behalf of Blackstone, has agreed a new lease with Cordium Consulting Group Ltd at 130 Jermyn Street, London SW1.
CMS lease disposal success at 125 London Wall and 90 High Holborn, London
23 November 2017
CMS Cameron McKenna Nabarro Olswang LLP has successfully disposed 213,032 sq ft (19,791 sq m) of its offices at 125 London Wall and 90 High Holborn, following its consolidation into Cannon Place, EC4 in May 2017.
New planning and development duo for Savills Leeds
23 November 2017
The Savills planning and development teams in Leeds have been bolstered by two new senior appointments this month. Rob Crolla has joined as a director in the planning team, whilst Sue Howarth joins as an associate director in the development team.
.jpg "Savills responds to detail for housing in today’s Budget")
Savills responds to detail for housing in today’s Budget
22 November 2017
It is encouraging to see so much focus on housing in the Budget, with a combination of carrots and sticks designed to boost housing delivery, including to encourage developers to build out more quickly, build more densely, boost land release, etc,” says Lucian Cook, Savills head of residential research.
Prime Sheffield office building changes hands for £6.85 million
21 November 2017
ADAPT Real Estate, working alongside Ship Street Advisors, and acting on behalf of UKRO, a Jersey domiciled fund focused on UK regional offices, has acquired Riverside West in Sheffield from Schroder Real Estate Investment Management for £6.85 million. The deal reflects a net initial yield of 7.60%. International real estate advisor Savills, acted on behalf of the purchaser.
Savills further strengthens retail investment offering with new director
20 November 2017
International real estate advisor Savills has strengthened its retail investment team with the appointment of James Stratton from Cushman & Wakefield.
Future of outlet centres lies in hybrid offer & more urban locations
20 November 2017
Outlet centres are increasingly on the agenda of shoppers, landlords and investors, according to a new report from Savills and Seven Dials, with hybrid offers and increasingly urban schemes providing key opportunities for future success. Retail Revolutions: The Evolution of the Outlet Centre states that average footfall has grown 10% at such schemes since 2012, while average spend has risen from £51 to £72.50 and the number of shoppers visiting between three and 11 times per year is up by 10%.
