September 2016


Convenience and destination prove key for future-proofing UK shopping centres

Convenience and destination prove key for future-proofing UK shopping centres

14 September 2016

Physical stores continue to play a vital role in the retail experience according to the new Spotlight: Retail Revolutions report from Savills and intu.  The research found shopping centres topped the ranking for purchasing clothing and footwear, with 43.4% of respondents placing them in their top three preferred locations. 

 
 
Jewellery sector sparkles in aftermath of EU referendum

Jewellery sector sparkles in aftermath of EU referendum

14 September 2016

Jewellery was the strongest performing sector for year-on-year growth in July 2016 with a 7.2% increases in sales, according to Savills research based on data from its managed shopping centres across the UK*.  The sporting goods sector was the next best performer, continuing its consistently positive recent performance with a sales increase of 6.6%.  Other growth categories included cafes, travel and value or discount stores.

 
 
Glasgow City Council appoints Savills on City Centre Strategy

Glasgow City Council appoints Savills on City Centre Strategy

14 September 2016

Glasgow City Council has appointed international real estate advisor Savills to assist on a residential strategy review as part of a wider City Centre Strategy (2014-19) programme.

 
 
1.75 million homes have fallen in value over the last 10 years, research reveals

1.75 million homes have fallen in value over the last 10 years, research reveals

13 September 2016

Over 1.75 million privately owned homes across Great Britain have fallen in value since 2006, compared to 4.8 million in other locations which have grown by more than 50 per cent, according to research by real estate advisor, Savills.

 
 
Trade City 77% let after flurry of deals in Frimley

Trade City 77% let after flurry of deals in Frimley

13 September 2016

Aviva Investors, advised jointly by Savills, Wadham & Isherwood and Cushman & Wakefield, has let an industrial warehouse unit at Trade City in Frimley to Corteq Systems Ltd.

 
 
London could become biggest growth market for Monobrand watch stores, says Savills

London could become biggest growth market for Monobrand watch stores, says Savills

13 September 2016

London could become the priority target for luxury watch retailers seeking to open their own ‘monobrand’ stores as the city’s growth potential exceeds other key global markets, according to new research by Savills. 

 
 
New owners confirmed for The Imperial Hotel, Torquay as first Project Solstice sale completes

New owners confirmed for The Imperial Hotel, Torquay as first Project Solstice sale completes

13 September 2016

The Hotel Collection, represented jointly by Savills and Rothschild, has sold The Imperial Hotel in Torquay to Christina and Andrew Brownsword CBE DL for an undisclosed sum.  The property will become the third Andrew Brownsword hotel in Devon, following the success of the Gidleigh Park and the Royal Clarence Abode in Exeter.

 
 
New chapter for Chipping's historic Kirk Mill as hotel & leisure opportunity launches

New chapter for Chipping's historic Kirk Mill as hotel & leisure opportunity launches

13 September 2016

SCP Investments Ltd (SCPi), represented by international real estate advisor Savills, has brought to market a hotel and leisure opportunity at the historic Kirk Mill near Chipping in the Forest of Bowland.  

 
 
Savills brings big shed to market at Five Lenton Lane, Nottingham

Savills brings big shed to market at Five Lenton Lane, Nottingham

13 September 2016

On behalf of a private individual, Savills has brought to market a detached distribution facility at Five Lenton Lane in Nottingham. The vacant freehold / long leasehold is available at a guide price of £2.95 million, or alternatively can be let whole or in part.

 
 
Prime London shopping streets could see business rates soar by up to 435%, says Savills

Prime London shopping streets could see business rates soar by up to 435%, says Savills

12 September 2016

Retailers across London could see their business rates bills increase by anything between 25% and 435% as a result of the Business Rates Revaluation set to come into effect on 1 April 2017, new analysis from Savills has revealed.

 
 

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