December 2017


Prime development site available to purchase east of Nottingham city centre

Prime development site available to purchase east of Nottingham city centre

15 December 2017

On behalf of Midlands Land Portfolio Ltd, Savills, jointly with Cheetham & Mortimer, has brought to market a prime commercial development opportunity on Teal Close in Nottingham. The freehold is available by way of informal tender.

 
 
Temple of Peace acquired by Cardiff University

Temple of Peace acquired by Cardiff University

14 December 2017

The iconic art deco style building known as The Temple of Peace has been acquired by Cardiff University for an undisclosed sum.

 
 
ASAP/Savills Sentiment Survey confirms robust outlook for serviced apartment sector

ASAP/Savills Sentiment Survey confirms robust outlook for serviced apartment sector

12 December 2017

The Association of Serviced Apartment Providers (ASAP) and Savills have today released the headline results for the sector from their Operator Sentiment Tracker Survey (November 2017), which confirm that the sector has delivered a strong performance in 2017 and expects to deliver an even better performance in 2018, in spite of the challenging economic environment.

 
 
Fragrance Group acquires The Park Hotel on Paignton seafront

Fragrance Group acquires The Park Hotel on Paignton seafront

11 December 2017

The Park Hotel in Paignton has been sold to the Fragrance Group. The vendor, a private individual, was represented by international real estate advisor Savills.

 
 
Savills appoints Head of Regional Retail

Savills appoints Head of Regional Retail

11 December 2017

International real estate advisor Savills has appointed Stuart Moncur as Head of Regional Retail at Savills, based in the firm’s Edinburgh office.

 
 
Aviva secures £6.9 million sale of Parklands Court, Rubery

Aviva secures £6.9 million sale of Parklands Court, Rubery

11 December 2017

Aviva Investors, represented by international real estate advisor Savills, has sold Parklands Court in Rubery, Birmingham to Knight Frank Investment Management for £6.9 million, reflecting a net initial yield of 4.95%.

 
 
Bath publican takes over Cirencester’s historic Tunnel House Inn

Bath publican takes over Cirencester’s historic Tunnel House Inn

11 December 2017

International real estate advisor Savills, on behalf of a private vendor, has assigned the free-of-tie leasehold of Tunnel House Inn in Coates near Cirencester to Bath publican Sam Grimston.  The landlord is The Bathurst Estate.

 
 
Hong Kong investor banks Lloyds HQ in first UK purchase - London

Hong Kong investor banks Lloyds HQ in first UK purchase - London

07 December 2017

Hengli Investments Holding (Group) Limited has acquired the headquarters of Lloyds Banking Group at 25 Gresham Street in London, EC2 with the benefit of a 20 year lease to the bank. The deal is the Hong Kong investor’s first purchase in the UK.  Savills advised Hengli, whilst CBRE advised Lloyds Banking Group.

 
 
Global popularity of alternative workspaces to see fringe office markets become the new prime - Savills

Global popularity of alternative workspaces to see fringe office markets become the new prime - Savills

06 December 2017

Dynamic office markets are now more likely to be found outside traditionally prime locations, says Savills, as mixed-use and co-working space becomes increasingly popular, challenging the view that trophy office buildings will be desirable to investors in the coming decades.

 
 
Costa Coffee signs up for Beacon Business Park, Stafford

Costa Coffee signs up for Beacon Business Park, Stafford

06 December 2017

Costa Coffee, represented by international real estate advisor Savills, has agreed a deal for a new drive thru at Beacon Business Park in Stafford.

 
 

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