September 2017


Food & beverage sector growth firmly on menu in Liverpool & Manchester despite slow down from national brands

Food & beverage sector growth firmly on menu in Liverpool & Manchester despite slow down from national brands

20 September 2017

Retail and leisure lettings in Liverpool and Manchester have been heavily weighted towards food and beverage operators in the last 18 months, according to Savills.

 
 
Savills wins Residential Adviser of the Year at the 2017 Estates Gazette Awards

Savills wins Residential Adviser of the Year at the 2017 Estates Gazette Awards

20 September 2017

Savills was last night awarded Residential Adviser of the Year for a second consecutive year at the 2017 Estates Gazette Awards. The gala ceremony was held at the Grosvenor House Hotel in London's West End.

 
 
Turkish retailer NU takes first UK store on Marylebone’s New Cavendish Street, London

Turkish retailer NU takes first UK store on Marylebone’s New Cavendish Street, London

19 September 2017

Turkish retailer NU, represented by international real estate advisor Savills, has acquired its first UK store at 15 New Cavendish Street in Marylebone, London.

 
 
Edinburgh’s Craigleith Retail Park bags HomeStore & More...(and more!)

Edinburgh’s Craigleith Retail Park bags HomeStore & More...(and more!)

19 September 2017

On behalf of TH Real Estate, Savills has welcomed HomeStore & More to Craigleith Retail Park in Edinburgh, marking the first store for Ireland's leading independent homewares retailer  in the UK. HomeStore & More is the latest in a number of significant lettings at the scheme.

 
 
Period office with significant development potential opposite Buckingham Palace comes to market

Period office with significant development potential opposite Buckingham Palace comes to market

18 September 2017

Savills, jointly with Michael Elliott, on behalf of a private client, has brought to market 4-5 Buckingham Gate, London. Currently a Grade II listed office building there are a number of development options for the site including hotel, continued office use and residential.

 
 
WeWork doubles down in Manchester with second UK location outside London

WeWork doubles down in Manchester with second UK location outside London

15 September 2017

Global space, community, and services company WeWork has today announced its second UK location outside London. WeWork is leasing 40,000 square feet of space in Manchester’s award winning One St Peter’s Square. The building was acquired in 2016 by Deka Immobilien for the German open-ended real estate fund WestInvest InterSelect. The striking building is prominently situated in the Central Business District in the city centre and is surrounded by local services, restaurants, shops and tram station.

 
 
New housing need measure a step in the right direction, but it will still undercount need in high value locations

New housing need measure a step in the right direction, but it will still undercount need in high value locations

15 September 2017

Communities Secretary Sajid Javid has set out proposals to standardise the calculation of housing need, as signalled in February’s White Paper, Fixing our broken housing market. 

 
 
Cambridge continues to grow as a hub of global importance but could be hampered by housing constraints

Cambridge continues to grow as a hub of global importance but could be hampered by housing constraints

14 September 2017

Strong economic growth and £46 billion of corporate investment since 2012 has shaped Cambridge into a successful and world leading bioscience and research centre. However, new research from Savills suggests that with increasing affordability pressures on residential and commercial markets, the right space must be delivered to enable the city to remain competitive on a global stage.

 
 
Yields in Glasgow set to harden in 2017 – Savills

Yields in Glasgow set to harden in 2017 – Savills

13 September 2017

Glasgow is poised to see yields for prime offices harden by 25 basis points (bps) by 2017 year-end, says international real estate advisor Savills.

 
 
UK regional office outlook positive as lack of supply and strong demand continues to fuel rental growth

UK regional office outlook positive as lack of supply and strong demand continues to fuel rental growth

13 September 2017

According to Savills latest UK Regional Offices Market Watch, the firm anticipates that take-up will reach 9.8 million sq ft (910,450 sq m) by the end of 2017, a 4% increase on 2016 and 9% up on the 10 year average. This is due to a number of large Government Property Unit (GPU) deals completing in the second half of the year.

 
 

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