UK News

Hardly a day goes by without discussion about property, finance or a major development getting on to the news agenda in some part of the world. This section of the website brings you all the news about Savills from the United Kingdom.

New fast food restaurant to roost at 20 Westgate, Peterborough

New fast food restaurant to roost at 20 Westgate, Peterborough

01 March 2017

Savills, on behalf of a group of Bradfield Developments, has let 20 Westgate in Peterborough to Felix Chicken.

 
 
London real estate looks more competitive compared to world city rivals

London real estate looks more competitive compared to world city rivals

01 March 2017

This time last year London was crowned most expensive world class city for international businesses to rent office and living space for their employees, but the devaluation of sterling means it now ranks closer to Paris and Tokyo, leaving New York and Hong Kong in a league of their own with much higher accommodation costs, according to international real estate adviser, Savills.

 
 
East Oxford Street shopping spree sees Hong Kong ownership rise 66.7% in two years

East Oxford Street shopping spree sees Hong Kong ownership rise 66.7% in two years

01 March 2017

Hong Kong investors are currently the largest single group of overseas owners on London’s Oxford Street, according to international real estate advisor Savills, accounting for 21.1% of non-UK owned stores.  While historically they largely focussed on West Oxford Street, the firm reports that confidence based on occupational demand linked to Crossrail has seen Hong Kong ownership on East Oxford Street rise by 66.7% since December 2014.     

 
 
Investment into UK foodstores reached £1.23 billion in 2016, fuelled by overseas investor activity

Investment into UK foodstores reached £1.23 billion in 2016, fuelled by overseas investor activity

01 March 2017

Investment into UK foodstores reached £1.23 billion in 2016 according to international real estate advisor Savills. Operator-led transactions dominated the market accounting for approximately £590 million; 49% of total volumes. Excluding these operator-led deals, overseas investors were the most active in the sector, accounting for 22% of volumes (c.£257million).

 
 
 

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