Estate agency Savills has posted record profits before tax of £63.8 million, up £56.1m from the £7.7m recording in H1 2020. The group's revenue reached £932.6m, compared to the £791.4m posted in the first half of last year.
International real estate adviser Savills has completed its Aberdeen office move to 37 Albyn Place, the former KPMG offices, which have been extensively refurbished to provide modern, high quality and sustainable office accommodation. The move allows Savills to accommodate all staff on a single floo
According to Savills, total investment into Scottish commercial property during H121 reached over £770 million, reflecting a 62% increase on the figure recorded for the same time period last year. In addition, the international real estate advisor notes that with a further £490m currentl
According to Savills latest figures on the Glasgow office market, the city centre recorded 112,087 sq ft of take-up in Q2 2021, a 77% increase from Q1 2021, with Savills advising on 64% (71,966 sq ft) of all deals in the quarter.
Scotland's property prices continue to rise, with the highest annual increase in house prices recorded in over a decade. The COVID-19 pandemic has caused a property boom, reaching its peak in May, which has led to a 12.1% rise in property prices in Scotland.
LaSalle Investment Management has appointed Savills and Knight Frank to jointly market one of Aberdeen’s largest and most ambitious office projects. Wellheads Avenue is to benefit from a multi-million-pound refurbishment, with the intention of making it an exemplar for Aberdeen’s sustain
Following business growth and a number of recent promotions and new hires, Savills Rural, Energy and Projects (REP) is now seeking new talent at a range of levels. In order to service Savills expanding rural division Ewan Reid, has been made director in the Forestry team in Perth. Mr Reid undertakes
Savills has launched a new service line to assist rural businesses identify, assess and enhance the natural assets over which they have stewardship whilst reducing and mitigating the impact of their operations on the environment. Savills Natural Capital Team combines Scotland-wide expertise in strat
Savills' Planning team in Scotland has obtained planning permission in principle from Highland Councillors for Gloag Investments' high-quality woodland holiday accommodation at Beaufort Castle Estate near Kiltarlity near Oban.
Savills plc, the international real estate advisor, has announced its preliminary results for the year ended 31 December 2020, revealing a 9% drop in group revenue to £1.74 billion. The firm said resilient revenues from less transactional services significantly mitigated a reduction in transac
Property group Savills has upgraded its 2021 UK house price forecasts, predicting a 3% rise in Scottish house prices in 2021. The firm predicted that average UK house prices will rise by 4% over the year, with a 21.1% growth from 2021-25. Prices in Scotland will increase by 22.8% by 2025, it added.
Properties in Glasgow are selling faster than anywhere else in the UK, according to new research from Savills. Greater Glasgow’s housing market has seen exceptional growth in activity since it reopened in July following a six week Scotland-wide lockdown, with a 44% increase in agreed sales, co