Demand for sustainable buildings drives office space take-up in London Property Leasing activity increased notably in the second quarter of the year, driven by financial firms and demand for sustainable office space.
Savills: ‘Maturing’ build-to-rent market needs staggering £300bn to meet demand Property The build-to-rent sector needs a total of £300bn of investment if it is to meet future levels of demand even after the sector has begun to emerge as "a mainstream investment in the UK", Savills has warned.
Almost 100,000 more student beds needed to meet London demand Property Almost 100,000 student beds are needed to meet demand in London, according to new research from Savills, the highest across all of the UK.
For sale: Mansion where Jacob Rees-Mogg grew up hits the market March 25, 2024 The mansion where Jacob Rees-Mogg grew up has been put up for sale for the third time in almost four years.
High-end estate agent Savills blames interest rates for profit crash March 14, 2024 Commercial and residential estate agent Savills made a loss during the full year, as rising interest rates hindered activity.
Savills’ share price tumbles as estate agent warns over health of housing market August 10, 2023 Savills’ share price has plummeted after the estate agent blamed “obvious challenges” in the housing market for slumping revenues in the first half of the year. As rising mortgage rates knocked buyer confidence, the real estate advisor said group profit before tax fell to a weak £6.0m in the first six months of the year [...]
Savills warns of ‘acute’ house price plunges in London next year November 3, 2022 Savills, one of the biggest estate agents in the UK, has warned of an “acute” drop in house price value in London next year. A dreaded combination of higher mortgage rates and the cost of living crisis will fuel the price drop, the company said. The average cost of homes in the outer prime London [...]
New York, London and LA top list of most resilient cities while Scandinavia dominates ESG rating May 16, 2022 The most resilient cities in the world have been named as New York, London and Los Angeles, with Scandinavia dominating environmental and social governance. New figures from Savills highlighted how new population centres such as Berlin and Atlanta broke into the top 20 for the first time, but traditionally strong metropolises weathered the pandemic the [...]
Death of the office? Don’t tell City businesses as leases shoot up in the first quarter April 26, 2022 London’s office market looks fitter and healthier than ever before, according to the two of the UK’s largest property firms, despite the lures of working from home. Take up of office leases in central London shot up 89 per cent year-on-year in the first quarter, CBRE data shared exclusively with City A.M. revealed. City firms [...]
EasyJet, Asos and Savills among worst companies for gender pay gap April 6, 2022 Easyjet, Asos and Savills are some of the worst UK companies when it comes to gender pay gap, even though differences have narrowed for the second consecutive year. According to an analysis by the Times, while the overall median pay gap went down from 10 to 9.8 per cent on last year’s levels, women at [...]