Savills

Rents for refurbished office space in Glasgow have now exceeded that of new build properties by as much as £4.50 per sq ft, as seen at Aurora, 120 Bothwell Street, Savills has revealed.

Savills has appointed Mhairi Archibald, one of Scotland’s most respected commercial auctioneers, as associate director within its UK auctions division. With over 25 years of experience, Ms Archibald brings deep expertise in commercial property sales, having held senior roles at JLL and Acuitus

Mac Mic Strategic Land has entered into a transformative joint venture with an affiliate of alternative investing specialist Cerberus Capital Management. Following a process led by Alvarez and Marsal Corporate Finance and Savills Capital Advisors, Cerberus has acquired a majority stake in Mac Mic St

A delegation of business leaders from across Glasgow has been officially welcomed by the Mayor of Shanghai, Mr Gong Zheng, as the city takes up the role of Guest City of Honour at the China (Shanghai) International Technology Fair (CSITF).

Savills has reinforced its dedication to Edinburgh's active rental market through further investment in its residential lettings team, reflecting the sector's sustained expansion, despite an evolving regulatory environment. Leading the expansion is Sophie Strand, who has been appointed as head of re

Savills Edinburgh residential sales has confirmed significant leadership appointments, promoting Ben Fox to the newly created role of director of new business and appointing John Forsyth as head of Edinburgh residential sales. Mr Fox, who joined Savills 19 years ago, was promoted to director in 2015

Scarborough Group International (SGI) has engaged CBRE and Savills as joint leasing agents for the former Younger Building in West Edinburgh, ahead of its planned redevelopment. The 89,863 sq ft, six-storey structure, originally constructed in 1999 for NatWest Group, will be transformed into modern

Real estate advisor Savills has made 26 promotions across its Scottish business. Effective from 1 March 2025, the promotions will see seven people move up to director level, five become associate directors and 14 taking on the role of associate.

According to Savills, Aberdeen saw commercial property investment volumes total £357 million in 2024, three times the 2023 figure and over double the 10 year average of £160m.

Weightmans has relocated its Glasgow office to The Ink Building on Douglas Street. The move represents a significant investment from the firm into its Scottish practice, as well as demonstrating its commitment to ESG. The Ink Building is an environmentally friendly space with an EPC rating of A, ref

The 'big six' regional office markets across the UK – Manchester, Leeds, Birmingham, Edinburgh, Glasgow and Bristol – are experiencing a significant rise in the number of law firms looking for premium real estate to drive talent attraction and retention, according to Savills. Demand for

Scotland's high-end property market has demonstrated resilience in 2024, with sales of homes exceeding £1 million increasing despite political and tax hurdles, according to Savills. The market recorded a total of 466 residential transactions, up from 454 in 2023. This growth is driven by stron

Savills, on behalf of Old Park Lane Management (OPLM), has sold a Glasgow building, comprising 98 Buchanan Street and 31 Royal Exchange Square, to Cervidae for £13.775 million. Having completed the asset management plan, OPLM is focusing on its core strategy of large-scale central London devel

Glasgow city centre has experienced a significant surge in food and beverage (F&B) activity in 2024, with 34 new openings marking the highest volume in over six years – a 25% increase compared to the previous year – according to Savills. Nearly 90% of these openings were local indepe

Scotland’s prime residential market has experienced a significant rebound driven by the resilience and growth of the Glasgow market, according to Savills. A new report from Savills Residential Research finds that the prime residential market in Scotland experienced significant growth in 2