(IN BRIEF) Total costs for prime warehousing space, including rents, service charges, and taxes, have increased by 10.1% over the 12 months leading up to June 2023, surpassing the 8% annual increase recorded between 2021 and 2022, according to Savills … Read the full press release
Posted in Business, Financial, Industrial, Investment, Marketing, News, Real Estate, United Kingdom
Tagged Financial, Hong Kong, Paul Tostevin, Prime Warehouse Costs, Savills, Sydney, World Research
(IN BRIEF) Savills, a real estate services provider, has secured a five-year framework contract with National Grid UK Land and Property. Starting in September 2023, this partnership will support National Grid’s efforts to achieve its net zero targets. Savills will … Read the full press release
(IN BRIEF) The latest Greener Homes Attitude Tracker by NatWest and S&P Global reveals that 66% of homeowners plan to make improvements to the environmental sustainability of their properties within the next ten years. While a high Energy Performance Certificate … Read the full press release
Posted in Banks, Environment, Financial, Investment, Management, News, Real Estate, United Kingdom
Tagged Eye Greener Homes, Greener Homes Attitude Tracker, Homeowners, Lloyd Cochrane, NatWest, sustainability
(IN BRIEF) A study by NatWest and S&P Global reveals that while one in four millennials consider a high Energy Performance Certificate (EPC) rating essential when buying a home, the cost of sustainable home improvements remains a significant barrier. Homeowners … Read the full press release
Posted in Banks, Business, Environment, Financial, Management, News, Real Estate, United Kingdom
Tagged Cost Barrier, Greener Homes Attitude Tracker, Lloyd Cochrane, NatWest, sustainability, Sustainable Homes
(IN BRIEF) Savills predicts a return to normalcy in the global industrial investment market by the end of 2023, as the interest rate cycle stabilizes and inflation cools. Despite suppressed global office investment volumes, some areas are showing signs of … Read the full press release
(IN BRIEF) Savills has announced the addition of Trystan Lever and Harry Smith as senior consultants to its expanding Heritage and Townscape team. With diverse backgrounds in both commercial and local government sectors, Trystan and Harry will be based in … Read the full press release
(IN BRIEF) EQT Exeter Real Estate Income Trust, Inc. (EQRT) has announced the effectiveness of its Registration Statement on Form S-11 for its initial public offering of common stock. The company plans to offer up to $5 billion in shares … Read the full press release
Posted in Business, Financial, Investment, Management, News, Real Estate, Sweden
Tagged EQRT, EQT, Financial, QRT, Real Estate Income Trust
(IN BRIEF) Savills, an international real estate advisor representing XLB & Pictet Alternative Advisors, has secured a new ten-year lease at Fourways in Manchester for environmental consultancy firm LUC (Land Use Consultants). LUC has acquired 2,241 sq ft of office … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Real Estate, United Kingdom
Tagged Daniel Barnes, Fourways Building, LUC, Manchester, office space, Savills
(IN BRIEF) Savills, acting on behalf of MVJ Capital, has successfully sold the In ‘N’ Out Centres, Drive Thru MOT, and Servicing Centre in Cardiff to a private property company for £1.35 million. The property, spanning 3,682 sq ft, features … Read the full press release
Posted in Automotive, Business, Industrial, Infrastructure & Utilities, Management, News, Real Estate, United Kingdom
Tagged Cardiff, In 'N' Out Centres, Matthew Pearcey, MVJ Capital, Ross Griffin, Savills
(IN BRIEF) Logicor, a prominent logistics real estate owner and manager in Europe, is embarking on its largest redevelopment project in the UK. The site, located in the Midlands, within the Golden Triangle logistics hub, will be transformed into Logicor … Read the full press release
(IN BRIEF) Savills, the international real estate advisor, has appointed Katarina Szinekova as an Associate Director in Healthcare Valuations to support the expansion plans of its Healthcare & Senior Living team within the Operational Capital Markets division. With over 10 … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Real Estate, United Kingdom
Tagged appointment, Associate Director, Healthcare Valuations Team, Katarina Szinekova, leadership, Rick Savage, Savills
(IN BRIEF) Logicor, a leading logistics real estate company in Europe, has acquired an urban logistics development in the west of Paris from Scannell Properties. The undisclosed deal involves a forward funded speculative development of a modern warehouse spanning approximately … Read the full press release
Posted in Business, France, Industrial, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged acquisition, France, Hugues Desbarrieres, Laurent Dubos, Logicor, Paris, warehouse
(IN BRIEF) Savills, a leading global real estate services provider, has appointed Michael Blake as an associate director in its social value team as part of the expanding Savills Earth offering. With a decade of experience in social value and … Read the full press release
Posted in Business, Industrial, Management, News, Real Estate, United Kingdom
Tagged appointment, leadership, Michael Blake, Savills, Social Value Team, Wesley Ankrah
(IN BRIEF) Hempel, a global coatings manufacturer, has successfully completed the divestment of its assets in Russia. The company obtained the necessary approvals from both Danish and Russian authorities for the transaction. Atomstroykomplex has acquired Hempel’s legal entity in Russia, … Read the full press release
Posted in Business, Chemicals, Denmark, Industrial, Management, News, Real Estate
Tagged assets, Atomstroykomplex, divests, Hempel, Michael Hansen, RUSSIA
(IN BRIEF) Rico Picenoni has been appointed as the head of Savills Global Residential Development Consultancy. Based in London, he joins from Savills Dubai, where he served as a director in the team of branded residential specialists for two years. … Read the full press release
Posted in Business, Industrial, Management, News, Real Estate, United Kingdom
Tagged appointment, Justin Marking, leadership, residential, Rico Picenoni, Savills
(IN BRIEF) The European Parliament has adopted new energy efficiency rules as part of the European Green Deal. The legislation sets targets for reducing energy consumption by 11.7% at the EU level by 2030, compared to projected figures. Member states … Read the full press release
Posted in Energy, Gas & Oil, Environment, European Union, Law, Real Estate
Tagged buildings, Directive, efficient district heating systems, energy efficiency, energy efficiency rules, energy savings, European Green Deal, Green Deal, Public Administration, reducing energy consumption, The European Parliament
(IN BRIEF) A study by Barclays and Ipsos has identified misconceptions as a key factor preventing homeowners from making energy efficiency retrofitting upgrades to their homes. The research highlights that homeowners overestimate the cost of common energy efficiency modifications and … Read the full press release
Posted in Banks, Business, Financial, Management, News, Real Estate, United Kingdom
Tagged Barclays, Energy Efficiency Retrofits, Homeowners, Ipsos, Matt Hammerstein, Misconceptions
(IN BRIEF) Siemens, a global technology company, has teamed up with PRODEA Investments, a leading real estate investment company in Greece and Southeast Europe, to implement Building X, a digital building platform. The partnership aims to accelerate PRODEA Investments’ digital … Read the full press release
(IN BRIEF) Logicor, a prominent logistics real estate company in Europe, has leased approximately 40,000 sqm of space to a leading European provider of toys and children’s entertainment at Logicor Houplines Logistics Park in France. The site will undergo redevelopment … Read the full press release
Posted in Business, Management, News, Real Estate, United Kingdom
Tagged France, Laurent Dubos, Logicor, Logicor Houplines Logistics Park
(IN BRIEF) Real estate advisor Savills has completed an £18m land sale on behalf of a private landowner, paving the way for the potential construction of 600 new homes on the outskirts of Ipswich, Suffolk. The 82-acre site, situated across … Read the full press release
Posted in Business, Construction, Management, News, Real Estate, United Kingdom
Tagged Andy Redman, Ipswich, Savills, Suffolk
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