(IN BRIEF) Savills has revealed that the total value of global real estate, including residential, commercial, and agricultural properties, reached $379.7 trillion in 2022, solidifying its status as the world’s most significant store of wealth. This value exceeds the combined … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Real Estate, United Kingdom
Tagged Debt Securities, equities, Financial, Global Real Estate, Paul Tostevin, Savills
(IN BRIEF) Savills’ latest Spotlight report predicts substantial expansion in Europe’s industrial outdoor storage (IOS) sector, with a projected annual investment growth rate of 4.5% over the next five years. IOS facilities, designed to accommodate outdoor storage needs for various … Read the full press release
Posted in Business, Industrial, Management, News, Real Estate, United Kingdom
Tagged Europe, Industrial Outdoor Storage, Kevin Mofid, Marcus de Minckwitz, Savills
(IN BRIEF) Savills, the international real estate advisor, has appointed Caroline Pontifex as the new head of its workplace consultancy and design studio, KKS Savills. Caroline brings over 35 years of experience and specializes in occupier and workplace strategy. She … Read the full press release
Posted in Business, Management, Real Estate, United Kingdom
Tagged Allen & Overy, appointment, AXIS Capital, BlackRock, Calatrava International, Carl Mitchell, Caroline Pontifex, change management, design studio, Great Portland Estates, interior design, Katrina Kostic Samen, KKS Savills, Landsec, leadership, Paul Butterworth, real estate advisor, Savills, Simon Collett, Sohar International bank, workplace consultancy, Yetta Reardon Smith
(IN BRIEF) According to Savills research, French capital invested in European real estate reached nearly €3.2 billion in H1 2023, constituting 10% of all cross-border investments. This represents a significant increase from the 5% share recorded in the previous year … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Spain, United Kingdom
Tagged investments, James Burke, Lydia Brissy, real estate, Savills, Spain
(IN BRIEF) Savills and Gerald Eve have been appointed by developer Dominus to find a forward funding partner for a student accommodation project in Manchester, known as “Medlock Tower.” The £200 million development will consist of a 37-story super-prime student … Read the full press release
Posted in Business, Construction, Education, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged 'Medlock Tower', Dominus, funding, Gerald Eve, Jason Nearchou, Lizzie Beagley, Manchester, Manchester Metropolitan University, Manchester University, partnership, Preet Ahluwalia, Savills, student accommodation, Whitbread
(IN BRIEF) Homes England, the government’s housebuilding accelerator, is seeking a preferred development partner for a 135-acre site at the former Panshanger Aerodrome in Hertfordshire, now known as DeHavilland Park. The site has been granted permission for 860 residential properties, … Read the full press release
Posted in Business, Environment, Government, Industrial, Infrastructure & Utilities, Management, News, Real Estate, United Kingdom
Tagged DeHavilland Park, Hertfordshire, Homes England, partnership, Savills
(IN BRIEF) Georg Jensen, a Danish jewellery designer, is set to open a new flagship store at 108 Bond Street by the end of 2023. The three-story store will cover approximately 5,000 sq ft and showcase the brand’s designer jewellery, … Read the full press release
(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) 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) 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) 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) 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) 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) 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
(IN BRIEF) Savills Sustainability Consultancy has successfully assisted Legacy Hotels & Resorts in creating a customized Environmental, Social, and Governance (ESG) strategy that will guide the company’s goals over the next three years. Legacy Hotels & Resorts, a prominent hotel … Read the full press release
Posted in Business, Environment, Management, News, Real Estate, United Kingdom
Tagged ESG Strategy, Hospitality, Legacy Hotels & Resorts, Savills, sustainability
(IN BRIEF) Savills Auctions has announced the addition of three new recruits to its team to meet the growing demand for its auction services. The hires bring expertise across the commercial sector, and their appointments come after a record-breaking year … Read the full press release
(ACTUALITÉ EN BREF) Le parc scientifique d’Oxford a obtenu un permis de construire du conseil municipal d’Oxford pour le développement de trois bâtiments qui fourniront 65 539 pieds carrés d’espaces de laboratoire et de bureaux. Les planificateurs de Savills ont … Read the full press release
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