Savills News

"The Scottish Government’s “Energy Efficient Scotland” programme, a national infrastructure priority which extends over the whole remit of domestic and non-domestic building energy efficiency, will have far reaching implications for the fast expanding private rented sector, which now accounts for 15% of all households."

"Housing associations are major providers of affordable homes, but their ability to increase the number of new homes they build to help solve the housing crisis could be dramatically undermined by limits to grant funding and a four year-long regime of rent cuts, according to the latest analysis by real estate adviser, Savills."

"Take-up in London’s West End market in Q1 2018 reached 1.03 million sq ft – 9% up on the long term quarterly average, says Savills. With space under offer in the market at the end of March up on the long-term average by 42%, this is putting pressure on supply,  according to the international real estate advisor."

"Investment into UK regional commercial property reached £4.8 billion in the first quarter of 2018, 26% above the long terms Q1 average according to new data from Savills."

"Nick Green, Savills UK Head of Energy said:  “While Scotland has been leading the way on the generation of renewable electricity, some might argue it has been an easy win, given our natural resources. Now it is time for a step change in our efforts to tackle the issues that remain at the forefront of decarbonisation."  "

"Atlantis Holdings Limited, represented by international real estate advisor Savills, has secured three new lettings at The Village in Reading to Pho, Soju and Escape Hunt."

"Morgan Capital, represented by international real estate advisor Savills, has let four ground floor restaurant units at 45 Cannon Street, EC4 to Shake Shack, Black Sheep Coffee, Pali Kitchen and Freshii."

"Savills has today (1 May 2018) appointed a new UK CEO, James Sparrow, and UK Managing Director, Richard Rees.  Former UK CEO Mark Ridley will undertake the transitionary role of Deputy Group CEO, prior to his appointment as Group CEO next January 2019.   Mark Ridley will also maintain his role as European CEO until September 2018 and continue his client facing role in the UK and European markets."

"A diverse estate including a fortified Grade I listed castle, currently run as a wedding venue, residential and agricultural property and a limestone quarry with long term development opportunities."

"The £1.8 million refurbishment works by Brockton Capital at Dorey Court, Les Banques, St Peter Port, generated a rare sight over the skyline of Guernsey on Saturday 28th April, with two air conditioning chillers being replaced on the office building by helicopter."