Office take-up in Aberdeen in the first quarter of 2022 has already exceeded the total annual take-up for last year, with 195,905 sq ft of office deals completed in the first three months of the year, according to the latest research from Savills. By comparison, Savills says, the average Q1 tak
Savills has announced that Graeme Fraser will take on the role of head of valuation in Scotland, working closely with Craig Timney in his new role as head of UK valuation operations. Mr Fraser has over 25 years’ experience providing valuation and consultancy advice specialising primarily in lo
Real estate firm Savills has urged that it is time for the real estate sector to take its environmental and social impact seriously and get its house in order. The firm has said that the sectror faces challenges, but has the potential to provide many solutions.
Savills: Refurbishments & rental growth to be a major theme for UK regional office market in year ahead
The post-pandemic hunt for ‘best in class’ offices will unlock refurbishment opportunities of Grade B/ C stock in key UK cities in 2022, with associated rents setting new highs when complete, according to new research from Savills. In order to satisfy demand, and against a backdrop of li
Real estate advisor Savills has seen its profits before tax double in 2021 from £96.6 million to over £200m. Group revenue increased by 23% to £2.15 billion, compared to £1.74bn in 2020.
The unceasing demand for Scottish development land has driven strong growth in land values and high levels of investor activity over the last quarter according to a new report from real estate advisor, Savills. Indeed, growth in Scotland greenfield values reached 9.3%, the highest level of all UK re
Savills, on behalf of private clients, has launched to market an award-winning visitor attraction, Cruise Loch Ness in Fort Augustus, with offers invited for a 100% shareholding in Cruise Loch Ness Limited.
Savills has brought The Secret Herb Garden and The Secret Garden Distillery to the market, located just 1.5 miles from Edinburgh’s city boundary.
Savills, on behalf of a private client, has completed the sale of one of Scotland’s finest five-star hotels, Fonab Castle in Pitlochry, located 26 miles north of Perth, to Fonab SPV, for an undisclosed sum.
Ed Crockett has joined Savills as a director in the operational capital markets (OCM) division to operate within Scotland's real estate sector. Based predominantly in the firm’s Edinburgh office, Crockett will also spend time in Savills Head office in London working across all OCM s
The latest analysis from Savills reveals a remarkable period of activity within the Scottish prime housing market and includes the following standout statistics.
Savills has appointed Niall Macleod as director and head of residential development in Aberdeen. Mr Macleod was previously land director with Dandara, one of the UK’s most diverse independent property development and land promotion companies. He has been at the forefront of many significant la
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