The rising cost of debt finance and the impact on appetite to buy were top of the agenda at Savills 34th annual Financing Property presentation, launched in Edinburgh this month. Savills noted that the rising debt cost comes at a point in the property cycle when yields are historically low, meaning
Joanne Plant (MRTPI) has joined Savills as an associate director in the company's planning team in Scotland. Based in the firm’s Glasgow office and focusing largely on the company’s fast-expanding renewables planning consultancy, Joanne will work alongside Simon Herriot, Savills director
Savills has continued growing its sustainability and energy division, Savills Earth, with the appointment of Cameron Lloyd as a graduate energy consultant based in the Perth office. Cameron studied an MSc in Environmental Entrepreneurship at the University of Strathclyde and an MA in Business Manage
Glasgow is at a tipping point as a lack of new office developments in the city centre could see ‘refurbishment’ rents outstrip rents on new-build in 2023 for first time in six years, to reach £36 per sq ft, according to Savills. With less than a year’s supply of new office ac
Scottish development land values remain strong, despite competition from alternative uses and increasing build costs, according to a new report from Savills. Recent value increases, supported by strong house price growth and a shortage of land consented for development, have resulted in a strong mar
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
Westpoint Homes has purchased a city centre residential development site with detailed planning permission for 92 units, just one mile south east of Glasgow City Centre at Old Rutherglen Road in the Gorbals area.
Strategic landowner Lands Improvement, owned by Telereal Trillium, has concluded the sale of residential development land to Bellway Homes Scotland Limited, with Savills Development Team representing the vendor.
Plans to create a residential-led development that will transform a 15.5-acre factory site in Edinburgh with new homes, community amenities and access to a new transport hub have moved forward with the acquisition of the plot of land.
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
It could cost UK landlords up to £40 per sq ft (£430 per sq m) to make high cost improvements in order to hit proposed legislative energy targets set to come into effect from 2027 onwards, according to new research by Savills.
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 has further expanded its Edinburgh residential sales team with the appointment of two new associate directors following what it describes as a "remarkable" period of housing market activity in Scotland’s capital. Laura Mathieson joins Savills after five years working in the prime Edinb