March 2018


Further pre-let secured at new Maurice Wilkes Building at St John's Innovation Park, Cambridge

Further pre-let secured at new Maurice Wilkes Building at St John's Innovation Park, Cambridge

19 March 2018

St John’s College, with development manager Turnstone Estates, has pre-let further office space at the Maurice Wilkes Building on St John’s Innovation Park in Cambridge to Mewburn Ellis LLP. Savills and Carter Jonas are letting agents at the scheme. 

 
 
Virgin Media relocates on Commercial Street, Leeds

Virgin Media relocates on Commercial Street, Leeds

15 March 2018

Lydford Estates Limited, advised by Savills, has let a retail unit at 3 Commercial Street in Leeds to Virgin Media Ltd.

 
 
Q1 set to see record levels of industrial take-up as online retailers remain dominant

Q1 set to see record levels of industrial take-up as online retailers remain dominant

14 March 2018

Savills today (14th March 2018) is playing co-host to more than 400 guests from across the industrial and logistic sector at this year’s Shedmasters event in Cannes. The firm has announced that take-up in the UK warehouse market (units of 100,000 sq ft +) is set to reach 13.1 million sq ft (1.217 million sq m) in Q1 2018, the highest on record and 115% above the long term average of 6.1 million sq ft (566,708 sq m).

 
 
Savills spends more than a decade at the top of Superbrands Real Estate list

Savills spends more than a decade at the top of Superbrands Real Estate list

14 March 2018

International real estate advisor Savills has spent 12 years at the top of the real estate agents / advisor category league table in the UK Business Superbrand list, once again ranking first place.

 
 
2018 Central London investment volumes sustained as Asian and UK buyers dominate the market - Savills

2018 Central London investment volumes sustained as Asian and UK buyers dominate the market - Savills

14 March 2018

Central London Q1 commercial real estate investment is set to be in line with the long-term average, as volumes for the first two months of the year reached £1.38 billion.

 
 
Irish property investment turnover 30% above 15-year average

Irish property investment turnover 30% above 15-year average

14 March 2018

A booming economy, rising rents and continued low interest rates drove spending on income-producing property in Ireland to €2.28bn in 2017.  While this is 30% above the 15-year average it represents a considerable slowdown compared with 2016 when two blockbuster sales – of Blanchardstown and Liffey Valley Shopping Centres in Dublin – propelled turnover to just under €4.5bn.

 
 
Smiles all round as orthodontist purchases 26 Priestgate

Smiles all round as orthodontist purchases 26 Priestgate

13 March 2018

Premiercrest Executive Pension Trust, advised jointly by Savills and Barker Storey Matthews, has sold the freehold of 26 Priestgate in Peterborough to Visage Orthodontics Ltd.

 
 
With Far Eastern investors leading the charge, non-domestic buyers in the UK are moving up the risk curve in 2018

With Far Eastern investors leading the charge, non-domestic buyers in the UK are moving up the risk curve in 2018

13 March 2018

More Far Eastern investors in the UK regional commercial property market than ever before pushed total spend by non-domestic buyers outside of London in 2017 to £5.4 billion, 54% ahead of the 10-year average, according to Savills

 
 
Strong income returns and capital growth sees healthcare compete with mainstream property market

Strong income returns and capital growth sees healthcare compete with mainstream property market

13 March 2018

According to the latest research from Savills, care homes, independent hospitals and primary care assets are currently achieving a higher combination of average annual rental income returns and five year annual capital growth compared to many of the mainstream investment markets. As the international real estate advisor notes in the table below, these three healthcare markets sit marginally behind the very popular urban logistics sector and ahead of other sectors including regional logistics, retail warehouses, UK residential and central London offices.

 
 
Secondary European cities set to attract investors as continue demand outweighs supply in core markets

Secondary European cities set to attract investors as continue demand outweighs supply in core markets

13 March 2018

Austria (+74%), Romania (+54%), the Netherlands (+46%), and Denmark (+32%) experienced the greatest annual increases in commercial property investment in 2017, as total investment across Europe rose to €234bn, a 7% increase year-on-year (yoy), according to Savills latest European Investment Briefing.

 
 

Key Contacts

Liz Williams-Bew

Liz Williams-Bew

UK PR Director
Cross Border B2B Communications

Head Office London

+44 (0) 20 7409 8140

 

Jamie Jago

Jamie Jago

Director
Residential Press Office

Head Office London

+44 (0) 20 7016 3880