Savills

A total of £300 billion is needed to deliver the additional million homes in the Private Rented Sector (PRS) required to meet the future household growth requirements by 2031, Savills has warned. According to the real estate advisor's latest report on the UK Build to Rent (BtR) secto

Scotland's residential development market has seen a positive first half of the year, with a significant increase in viewings and reservations, according to Savills.

The Scottish farmland market has experienced an unexpected early surge in activity despite weather-related pressure, as well as economic and policy factors. According to Savills, the number of acres advertised for sale on the open market to the end of May was 64% higher than for the same period in 2

Lender and investor sentiment has improved compared to 12 months ago, Savills revealed at its 36th Financing Property presentation.

The UK forestry investment sector was not insulated from the well reported economic and fiscal challenges that impacted the wider global economy, according to Savills. During the 2023 forest year (1 October to 30 September), weakened investor confidence led to a -68% market contraction compared with

Both Edinburgh and Glasgow have moved up the rankings of the world's most resilient cities, placing 36th and 45th respectively out of a list of 490 cities worldwide.

International real estate advisor Savills has announced 15 promotions across its Scottish business. The promotions will see four people move up to director level, two become associate directors, eight take on the role of associate and one person promoted to senior staff.

Savills' rural team has announced their sponsorship of Women in Wellies, a podcast series which shines a light on the lives of inspiring women who live and work in rural Scotland. This new sponsorship builds on the podcast’s mission to amplify the voices of remarkable women in the rural sector

Scotland saw hotel transaction volumes (sales of £1 million+) reach £310m in 2023, up 98% on 2022’s figure of £156m, according to Savills. Overall Scotland accounted for circa 14% of all UK hotel deals last year as the market remained resilient despite ongoing economic headwi

The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq

Take-up of office space in Edinburgh has hit 649,000 sq ft in 2023, just 0.9% below 2022’s figure, according to Savills. Despite this minor fall, it remains 0.5% higher than the five-year average for the city, as more occupiers get to grips with what they both need and want from their office s

Savills latest analysis of UK residential market performance during 2023 has shown that while mortgage affordability has impacted the wider market, Scotland’s prime market has been the most resilient in the UK with a 1% increase in net agreed sales. This compares to -17% drop in prime UK regio

Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34% decline from the previous year, according to Savills.

Savills has enhanced its infrastructure and projects division in Scotland with the appointment of Jessica Arrowsmith as a new operations director. Ms Arrowsmith, based in Savills' Edinburgh office, joins from Edinburgh Airport where she led the change management programme for the operations tea

Edinburgh's office market is showing resilience in the face of economic headwinds, with office space take-up rising to 334,510 sq ft by the end of Q3 2023 – a 25% increase on last year’s figure, according to Savills.