January 2017


UK homes worth a record £6.8 trillion as private housing wealth exceeds £5 trillion

UK homes worth a record £6.8 trillion as private housing wealth exceeds £5 trillion

18 January 2017

The total value of all homes in the UK rose to a record £6 trillion last year, as growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. 

 
 
Flurry of deals sees One Gresham Street fully let, EC2V

Flurry of deals sees One Gresham Street fully let, EC2V

17 January 2017

International real estate advisor Savills, on behalf of Christ’s Hospital Foundation, has completed four deals at One Gresham Street in London, EC2V taking the office building to full occupancy within six months of the refurbishment being completed.

 
 
Bayswater hotel sold from a guide price of £30 million

Bayswater hotel sold from a guide price of £30 million

17 January 2017

Savills, on behalf of Singaporean based Lum Chang Holdings Limited (LCH), has sold the Pembridge Palace Hotel investment in Bayswater, London to an overseas investor from a guide price of £30 million.

 
 
London’s disappearing £300k average house price tag

London’s disappearing £300k average house price tag

16 January 2017

While the average English house price now stands at £277,000, neighbourhoods where the average price is below £300,000 are a dying breed in London thanks to rapid price growth over the past five years, according to analysis by Savills, using latest Land Registry data. 

 
 
Edinburgh office investment sees 10 year high, says Savills

Edinburgh office investment sees 10 year high, says Savills

16 January 2017

According to international real estate advisor Savills, investment into Edinburgh’s office market in 2016 reached heights not seen since 2006 with £426 million of transactions, 73% above the 10 year annual average (£246 million).

 
 
Eastwood Link Office Park now fully occupied following latest deal, Nottingham

Eastwood Link Office Park now fully occupied following latest deal, Nottingham

16 January 2017

William Davis Properties, advised jointly by Savills and NG Chartered Surveyors, has sold the final unit at Eastwood Link Office Park in Eastwood, Nottingham to Your IT Department for £225,000.

 
 
Savills secures sale and leaseback of River House, Uxbridge

Savills secures sale and leaseback of River House, Uxbridge

16 January 2017

MJF Group Ltd, advised by Savills, has sold the freehold of River House on Riverside Way in Uxbridge to Starlight Design for £5.33 million.

 
 
Prime city centre office block in Southampton sold

Prime city centre office block in Southampton sold

16 January 2017

Savills, on behalf of private clients, has sold 2 Grosvenor Square a prime city centre office building in Southampton to Ameriscot, with vacant possession. The guide price was £4 million.

 
 
Flurry of activity at Priorswood Industrial Estate, Somerset

Flurry of activity at Priorswood Industrial Estate, Somerset

12 January 2017

Churchill College, Cambridge, advised by international real estate advisor Savills, has let Units 1, 2 and 3 at Priorswood Industrial Estate in Taunton, Somerset.

 
 
Refurbished offices soon to be the only option in Glasgow as strong take-up continues, says Savills

Refurbished offices soon to be the only option in Glasgow as strong take-up continues, says Savills

12 January 2017

According to Savills research, Glasgow witnessed strong levels of office take-up in 2016, surpassing the 10-year annual average of 500,000 sq ft within the first three quarters (totalling 523,000 sq ft, a 26% uplift on the same first three quarters of 2015) and a total of 800,000 sq ft of deals completed by the year end.

 
 

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