December 2015


2014 Autumn Statement continues to define 2015 prime London homes market

2014 Autumn Statement continues to define 2015 prime London homes market

22 December 2015

Prime London house prices fell by an average of -0.8% in the final quarter of 2015 to leave them a marginal 0.5 per cent above the levels seen at the beginning of the year, while prime regional town and city markets averaged 4.4 per cent annual growth, according to research by international property adviser Savills.

 
 
North/South divide as companies continue to cluster in Cambridge, says Savills

North/South divide as companies continue to cluster in Cambridge, says Savills

18 December 2015

According to Savills, take-up in the Cambridge office market in 2015 is expected to reach over 700,000 sq ft (65,032 sq m) as the city witnesses a consolidation of sector clustering, but a lack of stock continues to hamper occupier activity.

 
 
Scottish farmland market subdued, yet record prices for 'best in class'

Scottish farmland market subdued, yet record prices for 'best in class'

18 December 2015

Weak commodity prices, increased acres on the market and reduced subsides have subdued the Scottish farmland market yet ‘best in class’ land has continued to achieve record prices, according to Savills.

 
 
Scottish estate sales double as British buyers return to the market

Scottish estate sales double as British buyers return to the market

18 December 2015

Despite challenges facing the rural property sector during 2015, in the form of political and economic uncertainty, more than double the number of rural estates sold in Scotland this year compared with 2014, according to latest figures from Savills.

 
 
Dessert restaurant scoops sweet new spot on Cowgate, Peterborough

Dessert restaurant scoops sweet new spot on Cowgate, Peterborough

17 December 2015

Savills, on behalf of a property fund, has let 11-13 Cowgate in Peterborough to TAMU.

 
 
Glasgow's offices market: A game of cat and mouse, says Savills

Glasgow's offices market: A game of cat and mouse, says Savills

17 December 2015

According to international real estate advisor Savills, take-up in Glasgow’s office market in 2015 will reach 500,000 sq ft, in line with the 10 year average (500,000 sq ft) but notably down on 2014 (664,000 sq ft). This includes 150,000 sq ft currently under offer, expected to exchange or complete before the end of the year.

 
 
LBTT supplement on the purchase of additional residential properties

LBTT supplement on the purchase of additional residential properties

17 December 2015

While the additional LBTT charges for buy to let investors and second home owners, announced in Wednesday’s Budget announced by John Swinney, are unlikely to have a significant impact on the outlook for the Scottish housing market as a whole, there will be a number of sub-sectors where the impact is most felt.

 
 
Take-up in Edinburgh will hit 1m sq ft as lack of stock drives business west, says Savills

Take-up in Edinburgh will hit 1m sq ft as lack of stock drives business west, says Savills

16 December 2015

According to international real estate provider Savills, take-up in Edinburgh’s office market is expected to surpass 1 million sq ft (9,290 sq m) this year, as tech occupiers become increasingly active. The volume marks a 7% increase on 2014 figures and includes approximately 150,000 sq ft (14,000 sq m) currently under offer expected to complete before the end of the year.

 
 
Savills expands Manchester office agency team with new associate

Savills expands Manchester office agency team with new associate

15 December 2015

International real estate advisor Savills has expanded its office agency team with the appointment of Daniel Barnes who will be based at the firm’s Booth Street office in Manchester.  

 
 
Birmingham's top office rents will reach £32.50 per sq ft in 2016, says Savills

Birmingham's top office rents will reach £32.50 per sq ft in 2016, says Savills

15 December 2015

Birmingham’s office market will see top rents rise to a post-recession high of £32.50 per sq ft (£349.80 per sq m) in 2016 with further room for growth anticipated, according to international real estate advisor Savills.  The firm cites strong occupational demand intensified by companies ‘north-shoring’ and the future potential of HS2 as key drivers behind the growth.

 
 

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