Savills News

Read up-to-the-minute news on the latest developments within Savills and across the property industry.

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News

Three factors that will shape the West End office market in 2018 – Savills

"According to the latest West End Office Market Watch from Savills, take-up in January 2018 reached 243,902 sq ft (22,658 sq m) with a further 189,917 sq ft (17,643 sq m) of office space going under offer in the same month. Activity takes the total amount of space under offer in the market to 980,976 sq ft (91,133 sq m) – 63% up on the long-term average."

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News

Out of Town Retail

Oasis opens its first standalone store in Worcester as new retailers flock to Crowngate Shopping Centre

"High street fashion brand Oasis is to open its first-ever standalone store in Worcester. The new 1,480 sq ft store in Crowngate’s Chapel Walk comes following a flurry of lettings activity at the centre.   A Write Card, part of the Card Party group, is another new entrant to the city, and is joined by new independents First Class Turkish Barbers, and Sundance Fair Trade."

News

Commercial Investment

TfL - South Kensington Tube station to be transformed as part of landmark property deal that will provide step-free access

"• TfL selects Native Land as preferred joint venture partner to develop surrounding land and raise vital long-term revenue to reinvest in transport • Development of land around the station will deliver step-free access to District and Circle line, unlocking millions of journeys • Improvements to station buildings including the iconic retail arcade will restore and enhance the station’s historic architecture"

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