We have now hit the halfway mark of 2016. A lot has happened in the commercial property market in the last 6 months, such as the Budget introducing a substantial change to Stamp Duty Land Tax and business rates. All of this has and will have an impact on the... Read More
One week after entering into administration, BHS’ administrators have appointed Savills to help with its portfolio. The administrators, Duff & Phelps, are currently attempting to find a buyer for the struggling high street retailer, with concerns for... Read More
With approximately 625,000 sq ft of office space being refurbished in Manchester over the next two years, the sector is currently thriving and continues to see healthy levels of take up, according to Savills. The firm has reported that over the last 10... Read More
The end of 2016 is expected to see a severe shortage of Grade A industrial stock in the North West, according to a report from Savills. Despite the North West having the second largest development pipeline of any UK region, with 2.2 million sq ft of... Read More
New research from Savills has revealed that corporate occupiers in Greater London and South East move 6.9 miles on average when they relocate, with the common distance being 0.5 miles. Since 2010, every Grade A relocation over 20,000 sq ft has been... Read More
It was a successful year for UK shopping centres in 2015, which saw the investment market stay strong throughout, with a total of £4.3 billion traded over 86 assets. This is 8 per cent higher than the long term average of £3.98 billion, a report from... Read More
Savills is predicting a near-record level of investment in British shopping centres for the final three months of this year. The international real estate advisor claims that the 2015 transaction tally could well match last year’s £6.4bn. The firm... Read More
Ireland’s biggest regional shopping centre has been placed on the market with a €150m (£111.8m) guide price. Joint agents Savills and Coady Supple say they expect “significant international interest” in the sale. Whitewater Shopping Centre —... Read More
In association with the UK Warehousing Association (UKWA), a report by Savills has showed that the current total volume of existing warehouse space in the UK is 424 million sq ft, with a nationwide vacancy rate of 7.5%. It also looks into warehousing... Read More
Despite an increase in the amount of farmland being sold so far this year, there are warnings that recent price rises are now starting to level off. In its latest rural land report, estate and letting agents Savills claims that yearly returns to the end of... Read More
