December 2016


Office space available at former Attica VIP nightclub in Peterborough

Office space available at former Attica VIP nightclub in Peterborough

21 December 2016

Savills, on behalf of Milton (Peterborough) Estates Co, has brought to market an office suite at 26-28 Broadway in Peterborough.

 
 
Potential of Dixon Carphone's HQ rings true with £85m sale

Potential of Dixon Carphone's HQ rings true with £85m sale

21 December 2016

On behalf of Crosstree Real Estate Partners, Savills has sold Dixons Carphone’s headquarters office at 1 Portal Way in Acton, London W3 to Imperial College. The off-market sale completed for £83.5 million, representing a net initial yield of 4.68% assuming full costs.

 
 
New owners for Grade II listed Bulstrode

New owners for Grade II listed Bulstrode

20 December 2016

Savills, on behalf of WEC International, has sold the Bulstrode Estate in Buckinghamshire to a private buyer from a guide price of £13 million.

 
 
Harry Wentworth-Stanley's 3,000 mile Atlantic challenge

Harry Wentworth-Stanley's 3,000 mile Atlantic challenge

20 December 2016

Harry Wentworth-Stanley, from the London Development Land Team has departed for a 3 month-long expedition of a lifetime.

 
 
Starbucks fetches £7m on Kensington High Street, W8

Starbucks fetches £7m on Kensington High Street, W8

20 December 2016

International real estate advisor Savills, on behalf of a private vendor, has sold the freehold of 197 Kensington High Street, London W8 to a South African private investor for £7 million, reflecting a net initial yield of 3.3%.

 
 
Birmingham offices: City centre rental growth & spec dev could be mirrored out of town in 2017 - Savills

Birmingham offices: City centre rental growth & spec dev could be mirrored out of town in 2017 - Savills

20 December 2016

Office take up in Birmingham city centre is on track to reach circa 800,000 sq ft (74,320 sq m) by the end of 2016, according to Savills, with top Grade A office rents back up to pre-recession levels at £32.50 per sq ft (£350 per sq m) compared to £30 per sq ft (£323 per sq m) in 2015.  Full year take up is therefore set to be well ahead of the five year average of 699,000 sq ft (64,937 sq m), although lower than the 996,000 sq ft (95,528 sq m) total of 2015.

 
 
Savills welcomes six graduate surveyors to Manchester team

Savills welcomes six graduate surveyors to Manchester team

20 December 2016

International real estate advisor Savills has expanded the team at its Manchester office by welcoming six new graduate surveyors.

 
 
30% of Middle Eastern investment spent outside of Central London post EU referendum

30% of Middle Eastern investment spent outside of Central London post EU referendum

20 December 2016

According to Savills research, 30% of all Middle Eastern capital targeting the UK post EU referendum has been deployed outside of Central London, with £271.8 million of the total £909.6 million invested in the UK regions. Comparatively, only 19% of transactions by Asian investors post-Brexit have taken place in the UK’s regional commercial property market.

 
 
Cambridge sees strong take-up in 2016 despite uncertainty

Cambridge sees strong take-up in 2016 despite uncertainty

20 December 2016

According to Savills, take-up in the Cambridge office market is set to hit circa 550,000 sq ft (51,096 sq m) by the end of 2016, in line with the long term average. Whilst figures are down compared with this time last year, the city has remained resilient in the face of ongoing political uncertainty.

 
 
Take up of Bristol office space set to reach 800,000 sq ft in 2016

Take up of Bristol office space set to reach 800,000 sq ft in 2016

19 December 2016

Take up levels of Bristol city centre offices will reach 800,000 sq ft (74,322 sq m) in 2016, 50% above the five year average of 533,000 sq ft (49,517 sq m), according to international real estate advisor Savills.

 
 

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