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Retailers account for 53% of industrial & logistics take-up despite negative high street headlines, says Savills

18 January 2019

According to Savills latest Big Shed Briefing, take-up of industrial & logistics space (units of 100,000 sq ft +) hit 34.1 million sq ft (3.167 million sq m) in 2018, a 32% increase on 2017 figures and 14.1 million sq ft (1.309 million sq m) above the long term average. Despite the recent negative headlines retailers accounted for up to 53% of this demand

 
 
 

Aberdeen sees close to double the number of office lettings in 2018 compared to 2015 as oil & gas sector improves

18 January 2019

Improvement in oil price and continued stability in the oil and gas market sees office take-up in Aberdeen total 388,227 sq ft (36,070 sq m) in 2018, according to the latest research from Savills. The firm reports a 40% increase in the number of office lettings seen in 2018 compared to the year previously (94 lettings compared to 68 in 2017) and close to double the number of deals done in 2015, the year immediately following the oil crash.  

 
 
 

Changes at the top for Savills Oxford

17 January 2019

Real estate consultancy, Savills, has announced several key changes within its senior management team in Oxford.

 
 
 

Free coffee in Dublin, Cork and Belfast on ‘Blue Monday’

17 January 2019

Supposedly the gloomiest day of the year, this coming Monday 21 January has become known as ‘Blue Monday’.

 
 
 

Savills secures market leader to head QLD Asset Management team

17 January 2019

Savills Australia is preparing for a bumper new year in Brisbane’s property management market, welcoming a new State Director.

 
 
 

Savills Australia bolsters Metropolitan & Regional Sales team

16 January 2019

With more than seven years’ experience in real estate, Nick Lower, a former AFL footballer, joins Savills.

 
 
 

Blue-chip Windsor retail asset generates investor contest

16 January 2019

Holdmark Property Group has bought Windsor Marketplace from Centuria Capital for $22.6 million, following a hotly contested expressions-of-interest campaign.

 
 
 

Savills Singapore Expands Offering With New Business Valuation & Advisory Team

16 January 2019

Savills Singapore announces the expansion of its offering with a new Business Valuation & Advisory Team.

 
 
 

Triac Composites to relocate to a new waterfront factory at Unidepot

16 January 2019

Triac Composites will relocate to a 3,200m2 waterfront factory located the Nha Be River, just 30 minutes’ from District 1, HCMC.

 
 
 

Savills: low unemployment levels and lack of product set to increase office rents across Europe by an average of 3.4% yoy

16 January 2019

Office rents are predicted to increase across Europe in 2019 by an average of 3.4% year-on-year, fuelled by low unemployment levels and lack of prime stock, says Savills.