February 2017


London's West End celebrates a very Chinese New Year with £805 million of transactions in January

London's West End celebrates a very Chinese New Year with £805 million of transactions in January

20 February 2017

Investors originating from China (mainland and Hong Kong)  accounted for £805 million of the £841 million transacted in London’s West End commercial property market in the first month of the year, according to Savills.

 
 
UK prime commercial property yields harden and capital growth stabilises - Savills

UK prime commercial property yields harden and capital growth stabilises - Savills

20 February 2017

Average UK prime yields have continued to fall since peaking in summer 2016 and capital values have stabilised despite the impact of the UK’s vote to leave the EU, says Savills. 

 
 
AQA's former Harrogate office sold for residential conversion

AQA's former Harrogate office sold for residential conversion

20 February 2017

Independent education charity AQA, represented by international real estate advisor Savills, has sold the freehold of its former office in Harrogate town centre to Newby Asset Management Limited for a price in excess of the £4 million guide. 

 
 
Savills boosts building and project consultancy team with new appointment in Bristol

Savills boosts building and project consultancy team with new appointment in Bristol

20 February 2017

International real estate advisor Savills has expanded its building consultancy team with the appointment of Howard Edgar as an associate based at the firm’s Bristol office.

 
 
Investment into UK logistics sector was 53% above long term average in 2016

Investment into UK logistics sector was 53% above long term average in 2016

20 February 2017

Investment into UK logistics assets reached £2.6 billion in 2016, 53% above the long term average of £1.7 billion, according to international real estate advisor Savills.

 
 
London tops global rank for new luxury retail store openings, says Savills

London tops global rank for new luxury retail store openings, says Savills

20 February 2017

London topped the global ranking for new luxury retail store openings in 2016, according to Savills Global Luxury Retail report.  The city saw a total of 41 new luxury openings during the year, (of which 15 were the respective brand’s first ever store in London), compared to 36 in Paris and 31 in both New York and Dubai.

 
 
Boultbee Brooks lands Salmon at Clarendon Works, Watford

Boultbee Brooks lands Salmon at Clarendon Works, Watford

15 February 2017

Boultbee Brooks Real Estate (BBRE), advised jointly by Savills and JLL, has pre-let Clarendon Works at 36 Clarendon Road, the first speculatively developed office scheme in Watford town centre for 15 years.

 
 
Shuffle Bar & Jukebox takes Southampton venue following Brighton success

Shuffle Bar & Jukebox takes Southampton venue following Brighton success

14 February 2017

International real estate advisor Savills, on behalf of a private landlord, has let The Tap Room in Southampton to Mason Projects (Southampton) Ltd, trading as Shuffle Bar & Jukebox, on a new free-of-tie lease. 

 
 
Savills Auctions raises £65 million with their first sale of 2017

Savills Auctions raises £65 million with their first sale of 2017

14 February 2017

Savills Auctions returned to The Marriott Hotel in Grosvenor Square on 13th February for their first auction of 2017. It was a standing room as proceedings began and  £65 million was raised during the course of the day, with an 80% success rate.

 
 
US dominates world's top tech destinations but smaller cities consolidate position as healthier, 'buzzier' alternatives

US dominates world's top tech destinations but smaller cities consolidate position as healthier, 'buzzier' alternatives

13 February 2017

Austin is the world’s foremost ‘tech city’, offering the infrastructure, business environment, talent pool and lifestyle to make it a strong base for tech companies. Two other US cities – San Francisco and New York – were ranked 2nd and 3rd respectively in Savills Tech Cities 2017 research programme, followed by London in 4th position. 

 
 

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