While UK prime house prices experienced a fourth consecutive quarterly dip in the three months to the end of September, with annual falls averaging -5.2%, Scottish prime values remained steadfast, with a minor annual dip of -1.1%.
The iconic Hamilton Grand, a red sandstone landmark overlooking the Old Course's 18th green in St. Andrews, is witnessing its first resale since it was converted into luxury apartments. Savills has been tasked to broker flat 16, listing the asking price at £2.3 million. The flat is a unit cent
A five-bedroom property on The Scores, one of the most sought-after streets in St. Andrews, has been brought to market by Savills with offers starting at £4 million. The historical property at 18 The Scores has undergone a remarkable transformation into an impressive contemporary home.
Savills has continued to expand its engineering & design consultancy (EDC) team with the appointment of Martin McClafferty as associate director and William Johnston as associate in Glasgow. Joining from HDR Consulting Engineers, Mr McClafferty is a chartered engineer with 25 years’ experi
Savills' latest analysis of Scotland’s prime residential market has highlighted strong demand during the first three months of the year with 52% more buyers registering to buy so far this year compared to the same period in 2019 before the pandemic. This market represents the most as
Glasgow’s city centre St Vincent Street has reached full occupancy after a 25% vacancy rate shrank to 0% in two years, Savills reports. The international real estate advisor says the arrival of new occupiers — with Trailfinders as the latest — is transforming the streetsc
The Scottish market has so far proved to be ‘resilient’ this year in the light of settling mortgage rates, according to Savills. Speaking ahead of his presentation to a 400-strong real estate audience at the Scottish Property Outlook Conference in Edinburgh today, Faisal Choudhry, Savill
In its preliminary results for the year ended 31 December 2022, Savills has posted revenues of £2.3 billion, a 7% year-on-year rise, and a 16% drop in pre-tax profits to £153.9m. Net cash at the group also decreased to £307.4m, down from £340.7m in 2021.
A two tier commercial market has emerged in Aberdeen, where "rents and terms are holding up for ‘best in class’ buildings, but functionally or locationally obsolete buildings are struggling" according to Savills. The comments reflect activity in the last year with Savills recording