Savills News

"The British Property Federation (BPF) publishes today its first set of annual data on the build-to-rent sector’s growth, which shows the total number of build-to-rent homes complete, under construction and in planning across the UK has increased by 30 per cent in the past year."

"More than 200 guests from the UK and overseas attended a Topping Out ceremony at Royal Albert Dock, east London today (12th April 2018) to mark construction of the first phase of the £1.7 billion development project reaching full height."

"Investment into UK shopping centres reached £337 million across 11 deals in the first quarter of 2018, according to Savills."

"Savills, on behalf of private clients, has brought Leycroft Valley Holidays, a holiday lodge business in Perranporth Cornwall, to the market at a guide price of £3 million."

"Acting on behalf of Roxburghe Estates, international real estate advisor Savills has agreed the sale of The Roxburghe hotel and golf course, near Kelso in the Scottish Borders, to 12.18. Investment Management GmbH. The property had been marketed for offers in excess of £3.25 million."

"Invesco Real Estate, the global real estate investment manager, represented by Savills, has acquired a Morrisons supermarket in Colindale, London, from Aberdeen Standard Investments for £42.8 million."

"MEPC has appointed Savills to work alongside JLL to market the exciting new Grade A office space at Wellington Place, which is the most prominent office development in Leeds currently underway."

"Lingfield Assets LLP (part of the Lingfield Group of Companies), represented by Savills, has sold three office buildings at Lichfield South in Staffordshire to clients of Blue Marble Asset Management for £10.8 million.  The deal reflects a net initial yield of 7%."

"Savills has today reported on its gender pay gap in 2017. This is Savills UK’s first report under the UK’s new gender pay reporting requirements."

"New analysis of Britain’s housing wealth reveals the extent to which homeowner equity is concentrated in the hands of older households, with over £75 in every £100 held by the over 50s, according to international property adviser, Savills."